www.WirelessFederation.com/news: 55% cut in the total annual investment in the year 2010 has been announced by MTN Rwanda. According to MTN Rwanda’s CEO, Khaled Mikkawi, there is no need to invest heavily in building capacity and coverage every year as the investment made in 2009 can serve in 2010 and what is required now is to maintain what was built last year.
Currently, MTN has close to two million subscribers and this year they are targeting an extra million subscribers to make up the three million.
Around USD100 million has been invested by MTN in 2009 in the expansion of network coverage and increased capacity to serve three million customers.
