Public Management

MTN Becomes First to Launch 5G in Benin

MTN Becomes First to Launch 5G in Benin
Monday, 25 November 2024 14:09

MTN's launch of 5G comes in the year the telecom operator celebrates 25 years of presence in Benin. The South African group's subsidiary is the leader in the country's telecom sector, with a focus on innovation to maintain that position.

On November 22, MTN launched its commercial 5G service in Benin, becoming the first telecom operator to offer this advanced technology in the country. This move is part of MTN’s broader strategy to drive innovation.

"We are honored to bring 5G to Benin, a technology that will catalyze progress in countless areas of life and business. With 5G, we are laying the foundation for innovation, economic growth, and opportunities that will empower individuals and communities," said Uche Ofodile, CEO of MTN Benin.

 45g

MTN has been operating in Benin for 25 years and has introduced several significant changes to the telecommunications sector, such as the SMS service in the early 2000s and the launch of 3G and 4G services in 2012 and 2015, respectively. According to the Electronic Communications and Postal Regulatory Authority (ARCEP), MTN had 8.4 million active mobile subscriptions in the second quarter of 2024, holding about 50% of the market share. The company also reported 6.1 million active mobile internet subscriptions out of 11 million.

Diversification and Investment for the Future

Beyond telecommunications, MTN has expanded into financial inclusion. In 2010, it launched mobile money transfer services, followed by additional features such as bill payments and linking bank accounts to SIM cards. MTN Mobile Money now holds 86% of the mobile money market in Benin, according to ARCEP.

To address growing competition since the arrival of a new operator in 2022, MTN Benin announced an investment plan of $215 million over three years in January 2024. This program aims to modernize infrastructure, expand the network, and support the development of 5G.

While MTN is the first to commercially roll out 5G, the other two operators are conducting tests and are expected to offer the service to their subscribers soon. Moov Africa Benin, a subsidiary of Maroc Telecom, announced in October its plans to launch 5G commercial services in the country. Moov has 3.3 million active mobile internet subscribers, compared to 1.6 million for Celtiis, the state-owned operator which began operations two years ago.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Ethiopia to open banking sector to foreign investors, allowing up to 49% ownership while maintaining domestic control. New NBE directive sets strict...
Hop Lun acquires three lingerie factories in Morocco Expansion boosts access to EU via trade agreement Marks firm's first manufacturing entry into...
Uganda plans to borrow around $2.5 billion for major infrastructure and energy projects. The loans involve the World Bank’s IDA, Citibank, and...
CDC-CI Capital invests CFA800 million in Julaya through convertible bonds. The fintech will expand payment, cash management, and SME credit...

Most Read
01

BYD to install 200-300 EV chargers in South Africa by 2026 Fast-charging stations powered by grid...

China's BYD Plans 300-Station EV Charging Network for South Africa
02

Drones to aid soil health, pest control, and input efficiency High costs, skills gap challenge ac...

Kenya Plans National Drone Rollout to Modernize Farming
03

• The five-year plan allocates 388 billion pulas to boost growth and jobs.• Focus areas include tran...

Botswana unveils $27bn plan to accelerate economic diversification
04

• The Bank urges Nigeria to raise excise taxes on alcohol, tobacco, and sugary drinks.• Current rate...

World Bank backs higher public health taxes in Nigeria
05

TotalEnergies, Perenco, and Assala Energy account for over 80% of Gabon’s oil production, estimate...

Gabon Seeks Foreign Partners to Revive Declining Oil Sector
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.