Category: TECHNOLOGY
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No IPO after 4G acquisition – Vodafone CEO
Telecommunications giant, Vodafone Ghana, has disclosed that it has no plans to list on the Ghana Stock Exchange following its acquisition of the 4G licence from the NCA a week ago. The National Communications Authority (NCA) announced late last year that Vodafone was the only successful company to secure the 4G licence after a second bidding…
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End to Nigerian dispute lifts shares in S.Africa’s MTN
Shares in South African telecoms giant MTN jumped 8 percent on Thursday after it settled a row with Nigeria’s central bank for a fraction of the $8.1 billion it had threatened to cost. MTN announced on Monday that it would pay just $52.6 million to end the dispute in Nigeria, its biggest and most lucrative…
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South Africa’s MTN pays $53 mln to settle $8.1 bln Nigeria dispute
South African telecoms operator MTN Group has agreed to make a $53 million payment to resolve a dispute in Nigeria, it said on Monday, ending a four-month multi-billion dollar dividend repatriation row that has hammered its share price. Nigeria is MTN’s biggest market, accounting for a third of the African telecoms heavyweight’s annual core profit,…
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4G license to improve digitisation agenda – Vodafone
Vodafone Ghana has officially reached an agreement with the National Communications Authority (NCA) for the purchase of one slot of the 2×5MHz frequency spectrum in the 800MHz band for mobile services. The slot, purchased at the cost of US$30million, was awarded to Vodafone following successful financial negotiations with the NCA, in line with the Authority’s…
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Vodafone secures 4G spectrum
Vodafone has won one of the 2×5 MHz frequency spectrum block in the 800 MHz Band frequency spectrum block for mobile services. By this, Vodafone should be providing 4G services for its clients soon. A statement from the NCA to Citi Business News confirmed the acquisition. “The National Communications Authority (NCA) announces for the information…
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Dubai launches first commercial 5G wireless network
Dubai is set to lead the world’s path to the use of 5G network. This is in line with the country’s vision of becoming a global reference point for technology innovation. The new 5G technology will be rolled out by Etisalat. The system which was launched in May 2018, makes Etisalat the first telecom operator…
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Vodafone partners Citi FM’s Decemba 2 Rememba concert
Vodafone Ghana has entered into a partnership with leading media establishment, Citi FM, to deliver this year’s “Decemba 2 Rememba” music concert. A statement copied to Citi Business News said no Telecoms company has maintained such consistency in Ghana’s music industry like Vodafone Ghana. From handling the most definitive music entertainment stage in the country…
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Ghana engages more foreign trade missions to boost FDI
As part of efforts to achieve Ghana’s $10 billion dollar foreign direct investment(FDI) target for 2018, the country has in the past few weeks hosted different Trade Missions from a number of countries including Slovenia, Turkey and Belgium. All the trade missions have made it an objective to first of all find local partners in…
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Founder of e-Crime Bureau Albert Antwi-Boasiako honored
The Founder of e-Crime Bureau, a leading cyber security and digital forensics firm in Ghana, Albert Antwi-Boasiako has been awarded with an honorary award at the maiden Ghana e-Commerce Awards 2018. The award, according to the organizers, is in recognition of his “Outstanding Contribution to Fighting Cyber Fraud” through his work in Ghana and the…
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TECNO Mobile launches Camon 11,11Pro
Global premier mobile phone brand TECNO Mobile has launched two new smartphones CAMON 11 and CAMON 11 Pro offering users bright and clear selfies with high quality. These novelties are the latest to join the popular CAMON series, which already includes the CAMON X and CAMON CM models, and will delight fans of the self-portrait…