WECA RegionKarel Pienaar

Group CTO

2

West & Central Africa (WECA) region

+16%253Liberia (8)

+42%393G. Conakry (6)

+ 18%23,180Total WECA

Growth from Dec

06Jun 07

+20%569Benin (5)

Subscriber numbers (m)

+3% pts22%Mobile penetration

+ 0.9%226mPopulation

+ 48%% to Group

+44%

+2%

+ 10%

+ 33%

+ 31%

+ 14%

141G. Bissau (9)

281Congo B. (7)

1,954Cameroon (4)

2,161Côte d’Ivoire (3)

3,392Ghana (2)

14,036Nigeria (1)

123

4

6 58

9

7

3

West & Central Africa (WECA)Regulations and licences

• 900 MHz• Dec 2003• 10 Years

Guinea Bissau

• 900 MHz• 1800 MHz

• Aug 2005• 13 Years

Guinea Conakry

• 900 MHz• 1800 MHz

• Dec 1999• 15 Years

Liberia

• 900 MHz• 1800 MHz

• Initial fee FCFA 615m• Annual fee 3% local and 6%

international traffic

• Oct 1999• 15 Years

Congo B.

• 900 MHz• 1800 MHz

• Currently proposed US$60m• Aug 2004• 10 Years• MOU still to be converted to licence

Benin

• 900 MHz• 1800 MHz

• Initial fee CFA 40.4b• Annual fee

Year 1 and 2 – 1% revenueYear 3 – 2% revenue

• Feb 2000• 15 Years

Cameroon

• 900 MHz• 1800 MHz

• CFA 40 000m• 15 Years

• Dec 2001• 15 Years

Cote d’Ivoire

• 900 MHz• 1800 MHz

• Initial fee US$22.5m• Annual fee US$750 000

• Dec 2004• 15 Years

Ghana

• 900 MHz• 1800 MHz & 3G

• Initial fee US$285m• Annual fee 2.5% of net revenue

• Feb 2001• 15 Years

Nigeria

SpectrumLicence fees(High level)Period

4

West & Central Africa (WECA) CAPEX rollout plan

491175Guinea Bissau

14885Liberia

1775231Guinea Republic

40

26

1,080

243

1,114

6,283

Approved or

committed at

30 Jun 2007

60

49

215

213

262

1,810

Actual6 months

endedJun 2007

338Congo B

101Benin

920Cote d’Ivoire

377Cameroon

1,156Ghana

5,558Nigeria

Approved or committed to31 Dec 2007

Rm

5

InfrastructureNigeria

GSM GPRS EDGE BlackberryOwn International Gateway Wi-Fi & Wi-Max

Geographic Coverage: 61%

Population Coverage: 71%15,8mTotal EOY active subscribers

2,801 Total number of BTS

3,011Total number of sites

57 Total number of BSC

49 Total number of MSC / MSC-S

NigeriaAug 2007

6

Technology infrastructure developmentNigeria

• Significant growth in traffic due to tariff reductions and free calls after midnight

• Major challenge to escalate network capacity expansion

• Geared up to rollout 80+ sites per month

• Optimisation drive on Radio and Core to maximise capacity

• Introduction of AMR to address voice quality

• Gearing up for 3G rollout in 2007/8

• Data business (ex-VGC) poised for large scale upgrade

7

Nigeria radio coverage mapAugust 2007 proposed MTN coverage

8

Fibre optic networkNigeria

9

NigeriaRollout CAPEX 2007

5%2%

93%

Network equipmentIS equipmentOther

Anticipate spending 65% of budget

10

InfrastructureGhana

GPRSEDGEOwn GatewayClearing gateway

Geographic Coverage: 31%

Population Coverage: 71%

4,1mTotal EOY active subscribers

1,365 Total number of BTS

853Total number of sites

15 Total number of BSC

12 Total number of MSC / MSC-S

GhanaAug 2007

11

Technology infrastructure developmentGhana

• Significant customer and traffic growth

• Focus on addressing quality and capacity issues

• Network infrastructure upgrade and synchronisation in radio, core and facilities

• Introduction of NGN Core for 2G (MSC-S and MGw)

• BTS rollout escalated to rollout at 40+ sites per month

• Major fibre rollout in 2007 and 2008 – backbone and metro developments

12

Ghana CoverageOverview

13

GhanaRollout CAPEX 2007

4%

9%

87%

Network equipmentIS equipmentOther

Anticipate spending 91% of budget

14

InfrastructureCameroon

USSDGPRSEDGEInternational Gateway

Geographic Coverage: 27%

Population Coverage: 82%

2,1mTotal EOY active subscribers

581 Total number of BTS

400Total number of sites

7 Total number of BSC

6 Total number of MSC / MSC-S

CameroonAug 2007

15

Technology infrastructure developmentCameroon

• Major network upgrade completed in January to introduce NGN core

• Network expanded to improve quality and capacity

• Introduction of PMP Transmission

• Wimax implementation to support corporate and data market

• EDGE successfully implemented

• Geared up to rollout at 30+ sites per month

• SAT-3 access provides reliable international capacity

16

2007• Loop to North Ph1• DLA/YDE Fibre• Share TX to North

with Camtel

PMP

New TX

Fibre

PDH/SDH

Network architecture impact transmissionCameroon

17

InfrastructureCote d’Ivoire

USSDGPRSEDGEInternational Gateway

Geographic Coverage: 34%

Population Coverage: 49%

2,3mTotal EOY active subscribers

2,143 Total number of BTS

549Total number of sites

15 Total number of BSC

5 Total number of MSC / MSC-S

Cote d’IvoireAug 2007

18

Technology infrastructure developmentCote d’Ivoire

• Successful NGN core implementation

• Metropolitan fibre optic rollout progressing

• Geared up to rollout at 80+ sites per month

• Improved access to North of Cote d’Ivoire

• Rationalised to single BSS vendor (Siemens)

• Introduction of AMR to address voice quality

• Consolidation of switching centres

19

• Rollout of 280 sites

• Upgrade of Existing BSCs

• Installation of new BSCs: Abengourou,Korhogo,

• Gagnoa

• NGN rollout: 4 MSC server and 6 MGW

• HLR to 3000 K subs

• PPS IN Extension to 800 CAPS

• CRBT, MPBX

• FO backbone Abidjan-San Pedro-Daloa-Yakro-Abidjan (about 1100 km)

Coverage OverviewCote d’Ivoire

20

EQUATORIALGUINEA

NigeriaBenin

Ghana

IvoryCoast

TOGO

Liberia

SierraLeone

Guinea

BurkinaFaso

GuineaBissau

Gabon

Cameroon

Rep. OfCongo

Senegal

Connectivity a priority• Cross Border Connectivity• Free of Charge for Incoming Calls• Seamless Network• Synergies

Regional priorities

21

WECA connectivity plan

22

Funding

• Strong cash flow sufficient to cover CAPEX• Group funding for additional CAPEX4794G. Bissau

• Strong cash flow sufficient to cover CAPEX• Group funding for additional CAPEX65130Liberia

• Strong cash flow sufficient to cover CAPEX• Local capacity and group funding for additional funding63126Congo B

• Strong cash flow sufficient to cover CAPEX• Group funding for additional CAPEX96192G. Conakry

• Strong cash flow sufficient to cover CAPEX• Local capacity and group funding for additional funding

• Strong cash flow sufficient to cover CAPEX• Local capacity for additional funding

• Strong cash flow sufficient to cover CAPEX• Local capacity for additional funding

• Strong cash flow sufficient to cover CAPEX• Local capacity for additional funding

• Strong cash flow sufficient to cover CAPEX• US$2b in facility in place

Commentary

152304Benin

5731,146Cameroon

442884Cote d’Ivoire

1,3762,090Ghana

8,09211,358Nigeria

CAPEXEBITDA*Rm

* 6 months to Jun 07 x 2

23

Looking forward

• Continued growth within the region

• Unused capacity at various hours of the day

• Largest fibre back bone (Nigeria)

• Solid network infrastructure• Improved equipment pricing• Corporate market• Data and convergence• Leverage MTN experience

• Deteriorating public infrastructure

• Competition• Speed of rollout (to keep up

with demand)• 3rd party logistics (i.e. port

clearance)

ChallengesOpportunities

2424