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Tag Archives: MTN

Fibre cuts major cause of poor telecom services

NCA

Fibre optic cables have aided the connection of platforms for improved service delivery by telecom operators. However the challenge of dealing with their regular destruction, has left most telecom operators desperate. The phenomenon not only drains resources but creates a gloomy picture for improved services. Citi Business News has been engaging industry players and they suggest that robust measures be ...

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Glo serves only a third of expected coverage area

Acting Director General of the NCA, Joe Anokye

It has emerged that telecoms company, Glo, covers only a third of the total number of districts it is to cover in terms of its 3G coverage obligations. This is the conclusion of a first quarter Quality of Service Monitoring conducted by the National Communications Authority (NCA). The company is therefore expected to improve upon its operations in order to ...

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Telcos not taking over banks with interoperability

telecom mobile money

Telecom industry players have insisted they are not taking the place of banks even with the launch of the mobile money interoperability. The telecom operators however believe the new system should help reduce the number of people not captured within the banking population. The comment also comes three days to the official launch of the mobile money interoperability. The mobile ...

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Mobile money boosts MTN’s 2018 first quarter growth

Group Vice President for Southern and East Africa and Ghana, Ebenezer Asante

MTN Ghana has recorded a 29.3 % increase in revenue for the first quarter of 2018. This growth has largely been driven by increased data and mobile money subscription for the telecoms giant. For the first three months of this year, MTN recorded more than fifty percent rise in revenue from the sale of data. In addition, the telecom company’s ...

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MTN’s self service kiosks not a threat to banks – Analysts

Mobile-Money transaction

MTN’s new self service kiosks will least threaten other similar services provided by commercial banks. As a result, the development should not result in any apprehension among the banking industry. That is the position of Financial Analyst, Sam Bediako Asante. The telecom giant’s new service is to deepen its mobile money business and drive competition. The introduction of the self ...

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MTN introduces self service kiosks for mobile money

MTN self kiosk

Customers of MTN’s mobile money services should in the coming months be able to carry out their transactions at the new self service kiosks to be introduced by the company. The new model means that customers will not necessarily have to visit designated vending points to transact money transfer business. It is however unclear how this will affect the number ...

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MTN, 4 others to list on bourse by year end  

Managing Director of the Ghana Stock Exchange, Kofi Yamoah

The Ghana Stock Exchange has disclosed that at least four companies are expected to list on the bourse after MTN before the end of this year. For now, the companies are unknown but the Managing Director of the Ghana Stock Exchange, Kofi Yamoah says the four companies are likely to list on the bourse after MTN. “For the main market, ...

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Mobile money attacks: Vendors appeal for protection

Mobile-Money transaction

The increasing number of armed robbery attacks on mobile money merchants has reached an alarming rate, calling for new security measures to curb the canker. The latest victim is a 31-year old Mobile Money operator who was shot dead by some unknown assailants in the Afigya Kwabre District of the Ashanti Region. Current figure show that mobile money agents increased ...

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MTN secures ¢GH510 million credit facility

MTN

MTN Ghana has secured a credit facility through a syndication worth GHC 510 million from 9 banks in Ghana to improve its infrastructure and services. This is the second time the telecom operator is undertaking such a deal. In 2012, MTN carried out a similar loan syndication deal to finance network expansion. That facility was repaid in May this year, giving ...

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MTN is 2nd best company in Ghana Club 100

MTN building at Ridge, Accra

MTN has been named as the second best company in Ghana for this year’s Ghana Club 100. The telecom company assumed the position after a vigorous exercise which ranked the various organizations that entered the competition based on some selected criteria. In addition to being adjudged the second best company for this year, MTN also picked the best company in ...

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