5G investment underscores our commitment to network quality and supporting Ghana’s digital connectivity – MTN

MTN Ghana says it is currently finalising the required formalities and payment obligations associated with the acquisition of a 5G license. According to the telecom giant, the US$202 million spectrum acquisition cost is already reflected in its free cash flow outlook. Therefore, the payment for the license acquisition does not change its 2026 free cash flow and dividend outlook. “We believe this investment underscores our commitment to sustaining network quality and building the capacity required to support Ghana’s growing digital connectivity needs”, it disclosed in its quarter 3 2026 financial report.

During quarter 3, MTN achieved a significant milestone with the notification from the National Communications Authority (NCA) of the award of spectrum in the 700 MHz and 3 GHz bands for 5G and mobile broadband services. The award comprises 2×20 MHz in the 700 MHz band and 1×150 MHz in the 3 GHz band, with licenses valid for 15 years. MTN said the additional spectrum will complement its existing spectrum assets and strengthen its ability to meet growing demand for high-speed connectivity and data-centric services across Ghana. “Following the issuance of the licenses, we will deploy the newly awarded spectrum to support the…