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About MTN Rwanda
MTN Rwanda Overview
MTN Rwanda, officially known as MTN Rwandacell Plc, is the leading mobile telecommunications company in Rwanda. It was founded in 1994 and began operations in 1998, marking it as a significant player in the country's telecommunications sector for over two decades[1][2].
### Key Facts
- Market Position: MTN Rwanda holds approximately 62% of the market share with an estimated 7 million subscribers as of July 2023[2][5].
- Listing: The company was listed on the Rwanda Stock Exchange (RSE) on May 4, 2021, becoming the first mobile network operator to do so[1][3].
- Ownership: As of December 2022, MTN International (Mauritius) Limited owns 55%, MTN REL (Mauritius) Limited owns 25%, and retail investors hold 20%[2].
- Services: MTN Rwanda offers a range of services including voice, data, home and fixed connectivity solutions, and mobile financial services through its subsidiary, Mobile Money Rwanda Ltd[1][2].
- Leadership: The CEO/Managing Director is Mapula Bodibe as of January 2024, and the chairman is Faustin K. Mbundu[2].
### Network Specifications
MTN Rwanda uses the GSM 900 MHz (E-GSM) frequency band and the UMTS B1 (2100 MHz) frequency band for its services[2]. The company also provides 4G services based on a wholesale agreement with the KTRN, which was introduced in October 2022[2].
### Recent Developments
MTN Rwanda has been expanding its services and partnerships, including being a partner of the Basketball Africa League (BAL)[2]. The company's listing on the RSE has been seen as a significant milestone, promoting local ownership and participation in the telecommunications sector[3].
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