MTN Uganda, has revealed that it expects strong uptake of data services to help push up revenues in 2016 by between 7% and 10%.
The expectations were relayed by the chief executive officer, Brian Gouldie, while talking to Reuters.
‘The biggest reason for the growth will be around our data.’
Gouldie revealed that voice services still account for the bulk of the operator’s sales, bringing in 56% of its UGX1.33 trillion (USD386 million) turnover in 2015, but mobile data is the fastest growing segment, expanding 17% last year compared to 2014.
The company says it has around 5.4 million data customers, but only 9% of these are currently covered by its 3G and 4G broadband networks, and the company aims to boost that figure to between 15% and 20% in 2016.
MTN plans to invest UGX238 billion in 2016 on upgrading and expanding its networks, and will deploy 200 additional 3G sites and another 100 4G LTE base stations.