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Communications Ministry, other parties to sign MoU on MoMo data to Kelni GVG

Ursula Owusu Ekuful - Communications Minister

The Communications Ministry says it has reached an agreement with the Finance Ministry, Bank of Ghana and the National Communications Authority on which aspects of mobile money data will be released to Private Contractor, Kelni GVG. The Communications Ministry last year requested that the BoG released volumes and values of mobile money transactions to Kelni GVG to enable the company ...

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Dubai to contribute US$269 billion to UAE through 5G technology


Dubai to contribute US$269 billion to UAE through 5G technology. Dubai’s aim of rolling out 5G network is to give the region revenue to the tune of 269 billion dollars.I According to tech giant Huawei, the money will rake in over the next ten years. The revenue will also benefit the entire Middle East’s ICT industry. The 5G works at speeds ...

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We’re not mandated to list on stock market –Vodafone


Vodafone Ghana says it is not mandated to list on the Ghana Stock Exchange following the acquisition of the 4G license. The company in a statement stressed that the bid documents for the license nor the license condition do not make reference to listing on the bourse hence its decision. The comments is in response to remarks by the management ...

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Value of Mobile Money transactions grow significantly—BoG report

Mobile-Money transaction

The latest figures released by the Bank of Ghana (BoG) indicate that the value of mobile money transactions grew significantly in 2018. The data also showed an increase in the number of transactions Ghanaians made on the mobile money platform last year. According to the data, the total value of mobile money transaction from 2017 to 2018, increased from 155 ...

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Telecoms Chamber seeks stay of execution over NCA fines


The Electronic Communications Tribunal will next week, give its ruling on a stay of execution filed by the Chamber of Telecommunications. It follows the latter’s dissatisfaction over a fine for failing to provide quality services as required. The Chamber of Telecommunications last week, petitioned the Electronic Communications Tribunal over fines imposed on them by the National Communications Authority (NCA). The ...

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4 telcos seek redress over NCA fine at Electronic Communications Tribunal


Four telecommunication operators, Airtel-Tigo, Glo, MTN and Vodafone which were fined by the National Communications Authority’s (NCA) for poor service delivery, have decided to seek redress from the Electronic Communications Tribunal. The independent tribunal allows telecos to appeal against decisions or orders made by the regulator, the National Communications Authority (NCA). The four telecos are seeking a favorable ruling at the ...

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No IPO after 4G acquisition – Vodafone CEO

yolanda telco

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 process in September 2018. The ...

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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 market, but also its most ...

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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, but it has proven problematic ...

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4G license to improve digitisation agenda – Vodafone

yolanda telco

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 published programme for the bid ...

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