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    Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report

    African governments tasked to look within the continent in their bid for transformation

    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

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MTN to commence 4G service mid year

bycitibusinessnews
March 11, 2016
in TECHNOLOGY, Top Stories
CEO MTN Ghana,

CEO of MTN Ghana -Ebenezer Twum Asante

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Telecom giant MTN will begin rolling out its 4G service by the middle of 2016.

MTN will join three other companies Surfline, Blu Telecoms, and Busy Ghana who are already rolling  4 G services.

MTN in early December, 2015 won the bid for one frequency spectrum lot in the 800 MHz Band for mobile services.

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Prior to the auction the ICT Chamber had called on the National Communications Authority to only allow Ghanaian companies to auction for the license.

The Chamber had argued that the move, if carried out by the industry regulator, would cause members of the chamber to lose more than the US$200 million they had so far invested in their businesses, out of which nothing had yet been recouped as return on investment.

Communications Minister, Dr. Omane Boamah, responding to the ICT Chamber’s demands said though ‘government will support Ghanaian companies, it will not go to the extent of cheating Ghanaians’.

MTN was charged $67.5million by the regulator of the industry the National Communications Authority (NCA) for the license.

According to the CEO of MTN Ghana  Ebenezer Asante, the company in January 2016 completed the payment of the license.

Ebenezer Asante tells Citi Business News MTN has already begun tests runs for the successful commercial roll out of the license.

‘As I promised it should take off by the middle of the year’.

Citi Business News has gathered development status operational sites about 69 of them are already up.

There are over 20 of such sites in Accra while others are in Kumasi among others.

Meanwhile another lot of 2 x 10 MHz in the 800 MHz Band is however still available and the NCA is expected to in due course take a decision on that unallocated block.

–

By:  Vivian Kai Lokko/citibusinessnews.com/Ghana

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