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MTN targets 21m new subscribers

March 6 2013 at 11:53am
By Reuters

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MTNStore1

Reuters

A customer leaves an MTN shop in Johannesburg.

Johannesburg - MTN Group expects to add 21 million new subscribers this year and is investing 28 billion rand ($3 billion) in capital expenditure to help it grow, the chief executive of the South African telecom said on Wednesday.

“It's important that we get this capex to the ground and position ourselves for the future,” Sifiso Dabengwa told a presentation following the release of MTN's full-year earnings. - Reuters


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