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Infos Business of Saturday, 7 March 2015

Source: Investir au Cameroun

MTN invested 43.6 bn F CFA in 3 G licence in 2014

MTN Cameroon telecommunications operator allotted $ 73 million (approximately 43.6 billion FCfa) as investment expenditure in 2014. This was revealed during the reading of financial data for the reference year, as published by its parent company which is based in South Africa.

The details of these investments are not known and the non-availability of financial data of the company does not give room for a precise indication of the orientations of these investments.

However, the Group indicated that it has deployed 125 new sites as a prelude to its access to the 3G technology (which the Cameroon subsidiary is currently negotiating the licence with the Government), and that improvements have been made on some sites that are characterized by a high consumption volume of its products.

Remember that the interest of MTN Cameroon for the development of data services is a double justification. Firstly, revenues they generate increased by 35.4% and contributed 8.5% to the total turnover of the undertaking. On the other hand, investment in the data currently stands as the new frontier of the increase in revenues.

"On all our markets, we will direct approximately 50% of our capital expenditures for the expansion of the 3G coverage. We believe strongly that the data will occupy an important part of our operations in the future," confirmed Siphiso Dabengwa, president and CEO of the South African Group, speaking March 5, 2015 on a South African radio.