Despite encouraging results, MTN noted that load shedding had a material impact on its operations, costing the company over R600 million in 2022.
South Africa’s second-biggest mobile network estimated that load-shedding cost its South African operations R695 million in 2022 alone.
“This impacted not only network availability but also some business functions, which hampered our customers’ ability to recharge and upgrade their packages,” MTN added. In South Africa, MTN racked up R15.39 billion in capital expenditure in 2022 towards its tower infrastructure investments, which included backup batteries.“Considering the increased frequency and intensity of stage 6 load shedding and the potential threat of stage 8, MTN SA is working with its partners on further optimising sites to ensure consistent performance of the resilience upgrades,” said MTN.
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