Category: TECHNOLOGY

Telecom companies in the country have rejected claims that they are in a fierce competition with banks following the introduction of mobile money sector in Ghana. [contextly_sidebar id=”lT67KSoca4oWTMNN5VxTmzWNdY8a5bNN”]According to the telcos, banks are rather benefiting hugely from the introduction of mobile money. Their assertions follows the debate on whether or not telcos are taking over…

Industry players in the telecom industry have downplayed fears that the fine imposed on MTN Nigeria by regulators there will have an  impact on MTN Ghana’s operations. [contextly_sidebar id=”034ZjM8o1jKyn3qrlP5lHHuwM40N9Dmb”]According to telecom analyst, Fouad Chalabi the fine of 5.2 billion dollars imposed on MTN is only restricted to the Nigerian market which will have no implication…

Africa’s biggest mobile network MTN said on Tuesday evening that reports about it having reached a resolution with Nigerian regulators on a $5.2bn fine are false. [contextly_sidebar id=”eEH6WaPX6NEFsDTT5zMMBlb9meQ9Ca1Y”]On October 26, MTN confirmed that it had received the massive fine from the Nigerian Communications Commission (NCC) for allegedly failing to disconnect five million unregistered SIM cards in…

MTN Group Ltd., the African mobile-network operator that faces a record $5.2 billion fine in Nigeria, said the country’s Communications Commission approved the renewal and extension of its license for another five years. [contextly_sidebar id=”Uh9OXbdGaHvMKhnuyfWXZlJbm98aZygf”]“MTN’s operating spectrum, which was issued along with the digital-mobile license in 2001 with an original expiry date of February 2016,…

An MTN spokesperson has confirmed to Fin24 that the mobile network’s shares on the Johannesburg Stock Exchange (JSE) have been suspended on Monday morning. [contextly_sidebar id=”pWbP2jaGwfsAjCwr8EXuHQuYezS2frMS”]Chris Maroleng, the executive for group corporate affairs at MTN Group, told Fin24 by phone that trading in the company’s shares had been suspended. “We take note of the JSE’s…

A decision by Nigerian authorities to impose a fine on MTN of more than 20% of its market value risks foreign investment in an economy struggling to cope with sliding oil prices, currency restrictions and no finance minister. “The brazenness of Nigerian authorities to levy such a penalty is attracting attention,” Gareth Brickman, an Africa…

Regulator of the telecom industry the National Communications Authority (NCA) has sanctioned telecom operator Vodafone for failing an aspect of the authority’s quality of service test conducted in the Eastern region this year. [contextly_sidebar id=”tAYIfr0WPjEm6WAINDgMUdcBU80tmw4n”]The latest development was revealed in a report released by the NCA following the testing of all the telcos in the…

The 2016 Presidential Candidate of the New Patriotic Party (NPP) Nana Akuffo Addo has justified the sale Ghana Telecom to Vodafone. [contextly_sidebar id=”oFUvVrvzOzNRTPnJizczVBo8yRxFprIR”]According to Nana Addo Ghana Telecom had to be sold because it was inefficient at the time. Ghana Telecom was solely owned by government before 70 percent was sold to Vodafone. It was…

Ghana’s premier 4G LTE network, Surfline Communications Ltd has commenced operations in Takoradi. [contextly_sidebar id=”Z28mTySOgv9gpnmNq4UjcHJylZxJx3DS”]The launch of its operations in Takoradi took off yesterday 6th October,2015. According to Surfline its 4G LTE (Long Term Evolution) network is the latest technology in the world and has the fastest internet speed of up to 100Mbps. ‘4G LTE…