Business

MTN Ghana Targets $300m Investment in 2026 After Group-Wide Recognition

CEO Stephen Blewett cites strong team performance and macroeconomic stability as telecom giant deepens network expansion and digital innovation strategy

Story Highlights
  • Recognized for excellence across data innovation, customer experience, network expansion, and fintech
  • Funds to support network rollout, digital transformation, and service quality improvements
  • Expansion into peri-urban and rural areas, enhanced MyMTN services

MTN Ghana has announced plans to invest more than $300 million in 2026 as it seeks to expand its network and drive digital innovation, following its recognition as the overall winner of the MTN Group’s 2025 Million Dollar Challenge.

Chief Executive Officer Stephen Blewett described the award as a major endorsement of the company’s performance and customer-focused strategy.

He made the remarks during the maiden edition of the MTN Bright Conversation, noting that the honour, presented at the MTN Global Leadership Gathering 2026, reflects strong execution across all areas of the business.

“It’s always rewarding to lead a successful organisation, but the real strength of MTN Ghana lies in the passionate and committed people behind the brand,” he said.

Mr. Blewett explained that the recognition was driven by outstanding results across departments, including data innovation, customer experience, network expansion and fintech services, particularly mobile money.

He emphasised that the company’s success was broad-based, adding that it was rare to see every unit performing strongly within the same year.

Looking ahead, the CEO signalled a robust investment drive supported by improved macroeconomic stability in Ghana. According to him, a stable economic environment provides the confidence required for long-term capital investments.

MTN Ghana plans to invest over $300 million in infrastructure and services this year, with a focus on expanding network coverage, enhancing service quality and accelerating digital transformation. Mr. Blewett noted that such investments require confidence in long-term economic stability.

He added that exchange rate stability, especially a stronger cedi, allows the company to procure more equipment and improve network capacity across the country.

As part of its 2026 strategy, MTN Ghana intends to deepen network rollout in peri-urban and rural communities, expand digital self-service options through the MyMTN platform, and strengthen support for small businesses operating in the digital economy.

Mr. Blewett said the company’s focus for the year will centre on innovation and delivering technology-driven solutions that improve customer experience and contribute to Ghana’s digital transformation.

He expressed optimism about the year ahead, stating that MTN Ghana aims to lead innovation in the telecommunications sector while delivering meaningful benefits to customers nationwide.

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