••
MTN Ghana is concluding the formalities and payment for a $202 million 5G spectrum license, marking a significant step in the telecommunications provider's efforts to enhance digital connectivity across the country. The acquisition, facilitated through the National Communications Authority (NCA), includes the allocation of 2x20 MHz in the 700 MHz band and 1x150 MHz in the 3 GHz band. This new spectrum is secured for a 15-year period, providing a long-term foundation for the rollout and expansion of high-speed 5G services throughout Ghana. The investment is designed to address the increasing demand for high-quality network services and to support the nation's broader digital transformation agenda. According to the company, the additional capacity provided by these frequency bands will specifically target the improvement of service quality for existing users and the provision of high-speed connectivity to households. MTN expressed appreciation for the support received from both regulators and shareholders throughout the award process, noting that the license underscores its commitment to maintaining a robust and modern network infrastructure. Financially, MTN Ghana has indicated that the substantial $202 million payment is structured such that it will not adversely affect its cash flow or dividend outlook for the 2026 financial year. This assurance suggests a stable financial position as the company transitions into the next phase of its technological evolution. The deployment of 5G is expected to offer significantly faster data speeds and improved reliability, positioning the network to support advanced digital applications that are becoming increasingly central to the Ghanaian economy, from industrial automation to enhanced mobile broadband experiences.