Audio By Carbonatix
Scancom Plc. (MTN Ghana) would like to inform its stakeholders that the company was formally notified on June 9, of the National Communications Authority’s (NCA) decision to declare MTN as a Dominant/Significant Market Power (SMP).
This essentially means that special regulatory restrictions would be enforced to potentially limit the company’s growth, performance, innovativeness and its competitiveness in the telecoms market.
MTN Ghana acknowledges the NCA’s duty and powers to promote fair competition amongst licensed operators in Ghana’s telecommunications sector within the relevant laws of Ghana and acceptable global industry best practices.
Regretfully, the manner of the recent declaration of MTN as a Dominant/SMP raises concerns about clear procedural breaches and substantive issues.
Following the NCA’s declaration, MTN Ghana refrained from publicly commenting on the matter and engaged in dialogue with the regulatory authority and other stakeholders to share our views on the matter.
While these engagements have been largely encouraging, the NCA continues with implementation of the specified interventions.
As such, MTN Ghana has after much consultation, and as a last resort, made the difficult decision to resort to the Law Courts for redress in the form of a judicial review of NCA’s decision, to ensure the observance of the requirements of procedural fairness.
MTN has over the years shown confidence in the Ghana telecommunications sector, by the continued investment in hitherto undervalued ventures (e.g., rural telephony, broadband services, 4G technology, new innovations, mobile money etc.) to support the development of the industry and to deliver on our belief that everyone deserves the benefits of a modern connected life.
We have indeed collaborated with Government over the period to invest in priority projects that have all contributed to our current position in the market.
The high proliferation of choice in the Ghanaian telecoms market aided by Mobile Number Portability, Network interoperability, very affordable SIMs and accompanying multiple SIM handsets are all indicators of a free and competitive market.
MTN Ghana would like to reiterate that it is not opposed to steps by the Regulator to enhance further the highly competitive Ghana telecoms industry and is indeed prepared to support the Regulator to that end.
However, we believe that the regulatory authority must follow the applicable legislations and global industry best practices. As a responsible and ethical leader, MTN is neither aware of any industry economics/market study to establish market failure nor has MTN taken any steps or engaged in anti-competitive behaviour.
We remain open to dialogue to achieve an amicable resolution to this matter.
MTN Ghana would like to reassure Government and its cherished shareholders and customers that our commitment to the delivery of a bold new digital world in Ghana continues to be paramount and that the company remains focused on providing the enabling technology to support Ghana’s digital economy particularly during the COVID-19 pandemic and beyond.
Latest Stories
-
The prodigal artiste: Why Ghanaian musicians need to lawyer up
8 minutes -
Our politics is corrupt; rule by the rich is not democracy
16 minutes -
Sesi Technologies launches AI-Powered soil testing services for smallholder farmers
27 minutes -
Ghana Chamber of Shipping calls for a 3-month grace period on cargo insurance directive
31 minutes -
NACOC to begin licensing for medicinal and industrial cannabis cultivation
46 minutes -
It’s easier to move from GH₵100k to GH₵1m than from zero to GH₵100k- Ecobank Development Corporation MD
51 minutes -
Between faith and rights: A nuanced strategic view on the debate over an Islamic widow’s political ambition
1 hour -
At least Baba Jamal should have been fined – Vitus Azeem
1 hour -
Gender Minister visits the 31st December Women’s Day Care Centre and the Makola clinic
1 hour -
Ayawaso East NDC primary: Why feed people for votes? Are they your children? – Kofi Kapito
1 hour -
Ziavi Traditional area begins final funeral rites for Togbega Kwaku Ayim IV
1 hour -
Photos: Mahama swears in Presidential Advisory Group on Economy
1 hour -
Ghana intensifies boundary pillar construction with Côte d’Ivoire
1 hour -
NHIA settles December–January claims worth GH¢400m for service providers
1 hour -
Mahama warns economic advisers of ‘rough road ahead’ amid debt distress
1 hour
