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South African telecoms giant, MTN Group, on Thursday announced that it had revised its capital spending in its home market up by 50 percent to 12 billion rand ($756 million) in 2016.
With this, the mobile operator aims to improve infrastructure and fund acquisitions.
MTN had said in March while releasing its annual results that it would spend 8 billion rand in capital expenditure. The firm had spent 11 billion rand on capital expenditure in its South African in 2015.
Reuters
With this, the mobile operator aims to improve infrastructure and fund acquisitions.
MTN had said in March while releasing its annual results that it would spend 8 billion rand in capital expenditure. The firm had spent 11 billion rand on capital expenditure in its South African in 2015.
Reuters
