Name: Bright Simons explains the Infraco 5G deal and issues surrounding it. #Newsfile
Uploaded: 2024-06-08T06:20:37-07:00
Duration: 21 min 49 s
Description: Killing a certain monopoly to create a new, interesting contracts without PPA approval, getting a spectrum over a 'work and pay' system, & the 5G deal 'wahal...

Bright Simons

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Did you know that NextGen Infraco has an exclusive license to offer 5G services for the next ten years in Ghana?

According to the Honorary Vice President of IMANI-Africa, Bright Simons, the contract offered to NextGen Infraco gives them the sole right to offer 5G services to consumers.

This, he explains, would give some monopoly to NextGen Infraco in the telecommunication industry.

Speaking on JoyNews' Newsfile, he explained that in 2021, MTN had applied for a license to run 5G services, yet the company was denied access.

As such, he said “We are working very carefully and diabolically to construct a new monopoly that controls multiple telecom access, that for us is very dangerous.”

Bright Simons added that that this would also fragment the sector further than it already is.

Again, he said shares of the NextGen infraco are owned by some companies involved in a murky deal.

Watch full video for breakdown;

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Bright Simons

IMANI-Africa

NextGen Infraco