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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

NCA

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

NCA

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

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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

mtn

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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Vodafone secures 4G spectrum

vodafone

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 of the general public that ...

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Dubai launches first commercial 5G wireless network

5G

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 in the Middle East and ...

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Vodafone partners Citi FM’s Decemba 2 Rememba concert

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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 – Vodafone Ghana Music Awards ...

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