President Paul Kagame has hailed MTN Rwanda for their service to the country for the past 25 years.
“Who else would have found it easy to invest with a country that had just emerged from our tragic history, as we know it,” said President Kagame on Wednesday during the anniversary celebration.
“We took risks both of us, you took a risk with us and we took a risk with you, but here, 25 years later I think we can say we are happy. It’s not an understatement, it’s real, it is something we need to celebrate. I have no doubt, we will do even much better in the near future,” said President Kagame.
MTN Rwanda is a subsidiary of MTN Group, a multinational telecommunications group connecting approximately 232 million people in 22 countries across Africa and the Middle East, as of 2016.
MTN Rwanda was established in 1998.
Rwanda has 12,232,918 active mobile-cellular telephone subscriptions as of August 2023 according to Rwanda regulatory authority. MTN accounts for 62 percent market share, as August 2023 in the country of 13 million people.
Airtel Rwanda, the immediate rival to MTN Rwanda boasts of 4,057,335 subscribers translating into a 38% of market share.
