Tag: MTN Ghana
-
MTN shareholders given choice to convert dividend or take cash
Telecommunications Giant, MTN Ghana has secured approval to give shareholders the option to receive their final dividend payment of GHS0.124 per share for the 12-month period ended 31 December 2022, in cash or shares. The new method which was approved at the company’s fifth Annual General Meeting (AGM) on Tuesday, 30th May, 2023, through a…
-
MTN commits $1 billion dollars to network resilience by 2025
The Chief Executive Officer of MTN Ghana, Selorm Adadevoh says his outfit is committed to building network resilience by investing about a billion dollars into its 2025 ambitious target. This, he explains is to ensure customers are served with optimized excellence within the telecommunication space. Speaking at the MTN Media and Stakeholders Forum in Accra,…
-
MTN Ghana introduces voucher distribution denomination change to prevent price disparity
MTN Ghana has introduced an Electronic Voucher Distribution (EVD) Denomination Change to enable pre-paid customers who purchase airtime from retailers to receive the same value purchased. The EVD Denomination change initiative will prevent retailers from overcharging customers for purchasing electronic credit transfer. MTN customers can visit any EVD vendor (credit transfer agent) to purchase airtime…
-
MTN laments inability of customers to access Ghana cards for SIM re-registration
It’s just about five weeks more to end the SIM card re-registration exercise and it appears the inability of customers to access their National Identification cards is hampering the process. Chief Executive Officer of MTN Ghana, Selorm Adadevoh made this observation during a virtual stakeholder and media forum today. As part of efforts to help…
-
MTN Ghana shareholders to get dividend of 11.5 pesewas per share for 2021
MTN Ghana has announced the payment of a final dividend of 11.5 pesewas per share to its shareholders for the 2021 financial year. The amount is made up of the interim dividend of 3.0 pesewas declared by the Board after reviewing the half year performance of the company plus a 8.5 pesewas on ordinary shares…
-
MTN Ghana still readying itself to pilot 5G later this year – CEO
MTN Ghana’s CEO Selorm Adavevoh is optimistic that his outfit will be able to launch 5G services soon. Demand for data has seen astronomical growth in recent times, and this indicates that current internet infrastructure will soon be outstripped by demand. This situation thus requires significant investment to expand data infrastructure, and telecommunications giant; MTN…
-
MTN justifies decision to increase fibre broadband and turbonet bundle prices
MTN Ghana has justified the 50 percent increase in fibre broadband and turbonet bundle prices. The network company from January 4, introduced new rates of Fibre broadband and Turbonet bundle prices, increasing by almost 50% with 90 days validity. Customers of MTN Ghana and Ghanaians in general have since Tuesday complained about the astronomical increase…
-
Nana Addo charges MTN to support startups as it marks 25 years in Ghana
President Akufo-Addo has charged MTN to invest in startup businesses and create a telecommunications museum to compile Ghana’s telecommunications history. According to the president, the South African multinational’s success is worth emulating. The president also noted that the story of MTN is yet more proof if any were needed, of the famous saying that Africans…
-
MTN introduces new feature to validate IDs during MoMo transactions
MTN Mobile Money Limited has introduced an additional security feature that allows its agents to verify the identity of customers who come to withdraw money with ID cards. This comes after agents across the country had their SIM cards blocked because they keyed in incorrect ID numbers from customers. CEO of Mobile Money Limited, Eli…
-
‘We’re dissatisfied; but we respect court ruling in NCA suit’ – MTN
Mobile telecommunications giant, MTN Ghana, has expressed disappointment in the High Court’s ruling on the suit it filed against the National Communications Authority (NCA). The company however did not clarify if it will seek a review or an appeal, except to say that, it will “explore all available options and next steps in this process”.…