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    Ghana Airports Company (GACL) Earns Top Honor as ‘Most Profitable’ State-Owned Enterprise at PELT Awards 2022

    IMF: Ghana has fulfilled obligations, awaiting creditor action on debt restructuring

    IMF, World Bank work to accelerate debt treatment for Ghana, others under G20

    Zambia advises Ghana to have restrictive laws on debt accumulation 

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

    2024 budget: Government commits to more expenditure cuts, aggressive growth, jobs

    Customer Service Week: Pan-African Savings and Loans provides medical services to clients

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    Zenith Bank @ 18 – Celebrating a legacy of financial excellence

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    IMF clarifies Ghana’s growth rate projection

    NPA sanctions seven OMCs for illicit fuel distribution

    Gold Coast Fund Management Company customers begin day 2 of protest at Finance Ministry

    IMF awaits Ghana’s agreement with bilateral creditors before releasing next tranche of $3bn bailout

    Development Bank Ghana set to diversify financial offerings by introducing equity fund alongside lending activities.

    Access Bank registers a GH¢0.30 increase in its share price as the local stock exchange witnesses no declines

    Ghana’s 3% economic growth an indication of a resilient economy – IMF Mission Chief

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    Apple says iPhone and iPad apps will show up on the vision OS App Store from the get-go

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    World Bank projects Africa’s economy to slow down to 2.5%

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Airtel dumps Expresso as cash war deepens

bycitibusinessnews
November 10, 2014
in Business, TECHNOLOGY, Top Stories
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Telecom operator Expresso suffered yet another blow this morning after Airtel cut services to it for failing to pay monies it owes it.

This is the second time within two weeks a telecom operator has cut ties with Expresso for failing to pay monies it owes under the Interconnect Agreement.

Telecom giant MTN on the  first of November undertook a similar move over Expresso’s failure to honor its financial obligation to it.

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It’s unclear whether the other telecom operators Vodafone, Tigo and Glo will follow suit anytime soon.

But MTN earlier told Citi Business News it will only restore services when the debt is cleared.

Meanwhile Kasapa has declined to comment on the matter despite a directive from the National Communications Authority (NCA) asking it to clarify the true state of affairs to its customers.

The NCA earlier advised customers of Expresso to port to other networks as the feud deepens.

In a related development users of Expresso have lashed out at the Telecom operator over the development.

According to them Expresso must, as a matter of agency settle their debts to MTN and any other telecom company to restore services since the disruption is affecting their work and businesses.

“It’s very, very , very bad because someone can call me and say I was calling you and your phone was off. You can’t tell if the person was bringing me money or business.”

“I think Kasapa must find ways and means to pay MTN and if the current managers can’t do the job then they should sell the company to bring in more competent hands to make it competitive.”

“for me i will not port my number, I won’t do that but rather buy a Sim card from another network which means Kasapa will lose customers which is not good. I will ask that they pay their debt.”

 

By:  Norvan Acquah – Hayford/citifmonline.com/Ghana

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