Group Technology & Information Investor Update - MTN Group

Key network initiatives3G22Increased 3G efficiency provides opportunity to deliver cheaper voice in emerging markets• Combined 2G+3G CAPEX can be below the originally planned GSM investment• Options for cheap capacity (efficiency) or additional capacity (new spectrum)• Transmission infrastructure efficiency must keep up with increased capacity$ ’000Cost per Erlang Equivalent ofCapacityGSMCDMAWCDMAMoreEfficientPlanned CAPEXPlanned 2+3G CAPEXvs Original 2G Only Plan3G EfficiencyReducesCAPEXInitialCoverage2G Only2G+3G2000 ‘01 ‘02 ‘03 ‘04E ‘05E ‘06E ‘07ESource: CSFB Estimates2005 2006 2007 2008 2009 2010Source: MTN South Africa