Category: TECHNOLOGY
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Vodafone Ghana launches ‘PayDay’
Vodafone Ghana has launched a new promotion, dubbed “Vodafone PayDay” as part of activities to celebrate ten years of its operations in Ghana. Vodafone PayDay promotes a new lifestyle in usage on the network. The promotion just requires customers to conduct their normal activity on the network- by texting, calling, browsing, SMS, recharging and get…
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African govts must encourage use of mobile phones—MD of HMD
Manufacturers of Nokia Mobile Phones, HMD is urging government to create an environment that will open the economy up for the use of mobile phones to drive digital financial inclusion. According to the company, the telecommunication space has evolved such that mobile phones now serve as an opportunity for people to create mobile money account…
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Airtel Tigo joins calls for 5G network in Ghana
The Chief Executive Officer of Airtel Tigo, Roshi Motman has called on the National Communications Authority (NCA) to work towards the acquisition of a 5G Spectrum in the country to reflect the evolving communication space in the world. According to her, the NCA has not been clear on its policy direction towards improved internet coverage…
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Airtel Tigo integrates money transfer platforms
Customers of Airtel Money and Tigo Cash will by the end of April 2018, be integrated onto a single platform to allow for mobile money transactions. This is according to the CEO of Airtel Tigo, Roshi Motman. The move which will make them the second biggest mobile money operator in the country also forms part…
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MTN’s $787m IPO to boost local investment market
Investment analysts are hopeful of a boost in investments on the stock market with MTN’s 787 million dollars Initial Public Offer (IPO). In their view, the telecom company’s presence should attract more investors and grow the access to funds. The comments follow MTN’s announcement of reviewing upwards, its target for the IPO. The telecom operator…
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MTN raises IPO target to $787m
MTN has lifted its target for an upcoming initial public offering(IPO) by more than a half to 3.48 billion cedis ($787 million), according Bloomberg. Africa’s biggest mobile-phone company by subscribers is preparing to list a 35 percent stake in its Ghanaian business on the local stock exchange, valuing the unit at about $2.2 billion. While…
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Consumer Rights Day: Telecom users to ditch poor service providers
March 15th of every year is celebrated as World Consumer Rights Day. The occasion is to demand that the rights of all consumers are respected and protected, and to protest against market abuses and social injustices which undermine those rights. As part of this year’s celebrations, Citi Business News has been finding out the level of satisfaction among consumers within…
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MTN CEO predicts more mergers among smaller telcos
The Vice President of Southern and East Africa for MTN, and Chief Executive Officer of MTN Ghana, Ebenezer Asante is predicting more mergers among smaller telcos in the country. According to him, the telecom industry in Ghana is too small for the current number of telcos in the country. Reacting to a question on the…
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Analyst backs revocation of Expresso’s license
Telecom Analyst, Fouad Chaalabi has backed moves by the National Communications Authority (NCA) to revoke the license of Expresso. Mr. Chaalabi bemoaned the relatively minimal impact of Expresso as such, he believes the regulator needs to intervene to sanitise the industry. His comments follow a formal notification by the NCA to Expresso, of the Authority’s…
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NCA warns Expresso of moves to revoke its license
The National Communications Authority (NCA) has formally notified Telecom Operator, Expresso, of its intention to terminate its Mobile Cellular license. According to the NCA, the move is due to the inability of Expreeso, formerly called Kasapa to meet its regulatory obligations. The move is also aimed at ensuring compliance and protecting telecom consumers. Expresso’s license…