MTN eyes R10bn network injection in 2015

Telecommunications giant MTN has nearly doubled its planned investment into South Africa over the next year, as it aims to support its growth plans, particularly around data, while playing catch up and gaining back lost subscribers. The mobile operator, which rallied in the second half of the 2014 financial year, after having lost ground in a price war with competitors in recent years, was preparing to embark on a R10-billion capital expenditure (capex) programme in South Africa in 2015 to improve the quality and capacity of its second-generation (2G) and third-generation (3G) networks and to deploy long-term evolution (LTE) sites.