MTN Ghana commits to 30% ownership of Scancom and MobileMoney

MTN Ghana commits to 30% ownership of Scancom and MobileMoney

MTN Ghana has continued to make progress in making good on a agreement with the government, to increase the ownership of its Scancom and MobileMoney operations.

CommsUpdate reported the intial localisation equipment for Scancom was 25% but the operator raised this to 30, to showcase its willingness to extend local shareholding.

MTN said it is consultations with the government, central bank and other stakeholders are progressing positively.

It also added that it has implemented three of seven actions demanded by the government following its Significant Market Power (SMP) designation in June 2020, and said its made ‘significant progress’ to implement national roaming after discussions with the National Communication Authority.

The three remedies are the applying of a 30% asymmetrical interconnect rate reduction for two years, review and approval of pricing by the NCA, and applying of on-net/off-net price parity for default tariffs affecting data and promotional offers as well.

The operator has said it has engaged with rival operators and completed technical tests, with a deal almost signed with at least one other operator.

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