MTN Rwandacell Company Overview slide image

MTN Rwandacell Company Overview

Rwanda | Industry overview Rwanda has a high mobile phone penetration rate... Mobile phone subscription (millions) ...with internet penetration rapidly growing Internet subscriptions (millions) 9,7 9,6 10.6 7,9 10 8,9 8,8 8 7,4 6,2 8 6 5,3 6 4,1 4 4 2 2 0 0 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 79.2% 76.5% 82.1% 78.1% 83.8% 36.6% 45.5% 52.1% 60.4% 63.1% Penetration rate Commentary Penetration rate • • Mobile subscriber growth has been driven by favourable economic conditions, robust distribution, expanding population coverage, lower tariffs and product innovation. A high mobile penetration rate has enabled the use of mobile phones for digitization of other services, such as mobile banking services and government services. Internet penetration rapidly increasing mainly due to growing incomes, improved access, flexible pricing of Internet bundles and smartphones in the country. Source: RURA Quarterly Telecoms Statistics Report 15 MTN
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