06 April 2023
Eswatini Mobile (ESM/Swazi Mobile) plans to invest 200 million lilangenis between April and December 2023 to improve the coverage of its telecom network in the kingdom..png?lu=547)
According to CEO Jeff Penberton, the funds will be used to increase network capacity and deploy 125 new base stations (2G/3G/4G), especially in rural areas.
In July 2017 Eswatini Mobile launched its mobile services in Eswatini (then Swaziland), ending MTN's monopoly in the national telecom market. The company has invested 1 billion lilangenis in its business in the past six years.
“2023 is a catch-up year for Eswatini Mobile, which must reach 90% population coverage by the end of December. As we have more base stations, we are confident that we will have more customers as our coverage will be wider,” said Penberton.