MTN Ghana To Protect Its MOMO Business

MTN Ghana Mobile Money advert

MTN Ghana To Protect Its MOMO Business

MTN Ghana To Protect Its MOMO Business Mr. Selorm Adadevoh, the Chief Executive Officer of MTN Ghana, has reaffirmed the company’s commitment to investing in infrastructure development in order to upgrade the country’s network and IT systems.

According to him, the telecommunications behemoth will invest $200,000,000 in infrastructure.

The $200 million investment, they said, would improve service delivery, particularly in the most rural towns, as well as expand capacity and customer experience.

At this year’s Editor’s Forum in Accra, MTN Ghana’s Chief Executive Officer, Selorm Adadevoh, broke the news.

“We’ve noticed a shift in consumer behavior as well as an increase in data traffic demand. This is what has led to the high spending needed to meet demand,” he explained.

Over the previous 25 years, 4100+ sites have been created. Coverage on 2G/3G is at 98 percent across the country. 4G coverage is at 73% across the country. More than 400 Rural Telephony Sites have been deployed to connect underserved populations to the internet.

We’re currently looking into a number of collaborations with the government, including the ICT Hub Project, Accra Innovation City Project, Ghana CARES Framework Support, and Girls in ICT Extended Partnership,” he explained.

One of the legacy initiatives they have already committed to is the construction of an ICT hub in Ghana, which they emphasize.
Mr. Selorm Adadevoh, speaking about Mobile Money fraud, emphasized the importance of increased collaboration among telecommunication sector stakeholders in order to assist crack down on fraudsters’ activities.

According to him, telecommunication firms have taken a prudent move to restrict the devices of these fraudsters across all networks as part of measures to bring the threat under control. This is being done in order to make the company unappealing.

However, in order to raise public awareness of their evil operations, we must continue to enhance education.

Mr. Selorm Adadevoh claims that his company paid the Ghanaian government a total of 2.6 billion dollars in taxes last year.

MTN today accounts for about 80% of trading on the Ghana stock exchange, according to the CEO (GSE). “We want to see more companies join in the future,” he said.

MTN Following massive spending in 2020 to help Ghana deal with the effects of Covid -19, Ghana’s participation to the pandemic fight continues unabated in 2021.

To help minimize the spread of Covid-19 in Ghana, face masks, sanitizers, hand washing soap, and firearms thermometers were among the goods supplied. We still finding more on MTN Ghana To Protect Its MOMO Business.

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