
Audio By Carbonatix
Telecoms giant MTN Ghana says it concerns regarding the National Communications Authority (NCA) declaring it as Significant Market Power (SMP) remains unresolved.
MTN Ghana said it respects the decision of the High Court and has full confidence in the Ghanaian judiciary.
It added that having had its day in court, the company "will refrain from making further statements or comments on this matter at this time while we explore all available options and next steps in this process."
On September 1, the High Court of Justice (Commercial Division) dismissed the company’s application for a judicial review of the declaration of MTN Ghana as a Significant Market Power (SMP).
The decision to declare MTN Ghana as an SMP is in response to a directive by the Ministry of Communications to the NCA that seeks to address disparities in the market and revenue share in the telecommunications sector.
The Electronic Communications Act, 2008 (Act 775) which provides for the regulation of electronic communications was to be enforced by the NCA to ensure equity for all network operators in the industry.
Following the ruling, MTN Ghana said it acknowledges the duty and powers of the National Communications Authority (NCA) to promote fair competition amongst licensed operators in Ghana’s telecommunications sector within the relevant laws of Ghana and acceptable global industry best practices.
It, however, noted that it had challenged on procedural grounds the declaration by the NCA, arguing that the Authority’s decision did not meet the requirements of procedural fairness.
MTN Ghana assured government, its shareholders and customers of its unwavering commitment to the delivery of a bold new digital world in the country.
"The company remains focused on providing the enabling technology to support Ghana’s digital economy, particularly during the Covid-19 pandemic," it said.
Latest Stories
-
Analysis: Why the Bank of Ghana sold half its gold reserves
3 minutes -
Buy wrong gold, face prosecution – Gold Board CEO cracks down on rogue dealers
6 minutes -
Africa pushes integrated health agenda ahead of One Health Summit in Lyon
43 minutes -
We own the strategy, its not head office decision – GCB MD positions bank as engine of Ghana’s economy
53 minutes -
No more waiting for head office – GCB boss pushes Ghana-first banking
1 hour -
Mahama lauds Julius Debrah for shaping Kwahu Business Forum
1 hour -
Why actors beg in difficulty – Patience Ozokwor on Nollywood financial struggles
2 hours -
Any man who apologises to woman deserves to suffer – Brymo
2 hours -
Nigerian artistes no longer put effort into making music – Omah Lay claims
2 hours -
‘I’m now skeptical about going into politics’ – Davido
2 hours -
Nigeria’s Seplat Energy resumes operations as oil workers halt strike action
2 hours -
Nigeria launches manhunt after abductions by bandits in northwest Zamfara
3 hours -
Kenya fuel executives resign as state probes supply chain irregularities
3 hours -
Senegal bans ministers from foreign travel as oil price rise bites
3 hours -
Nigerian army rescues 31 hostages after church attack
3 hours