Mr Sam Koranteng, Corporate Services Executive of Mobile Telecommunications Network (MTN) Ghana, has said the company was bent on giving its customers the latest products the connected world craved and would aid the quest for a digital epoch.

He said MTN furnished all manner of platforms to access media, "Internet of Things" and other emerging network-based technology trends and also encouraged the capacities of local populations to feed off the cyber revolution.

Mr Koranteng, who was briefing the Editors Forum in Ho, said MTN was working to close the network coverage gap, and to transform its network with the newest technologies.

He said MTN would continue to rollout the smartest service packages to suit the connectivity needs of its customers, which includes all ranges of business, and institutions.

Mr Koranteng said MTN Mobile Money holds the prestige as the Nation's first channel to all inclusive personal electronic finance, the nut in the shell of the cashless system.

The company's IPO recently became the first in the world with mobile-based monetary platform as a medium to subscribe shares, serving the stock market to over 120 000 Ghanaians.

MTN also holds several top spots on the Ghana Stock Exchange including raising the largest amount, most subscribers, and the firm with the largest Ghanaian shareholder base.

Mr Koranteng revealed that the company added 500, 000 more to Ghana's employment figures, three billion cedis plus in tax contributions over five years, and would hold on to deepening partnership with its clients.

He noted its livelihood empowerment contributions through a spectrum of initiatives, and said it would continue to heal cracks in the walls of society with health, education, business, and other interventions.


MTN Logo
MTN Group received a boost in Nigeria after the country’s central bank softened its stance over a claim the operator transferred $8.1 billion out of the country illegally.

Bloomberg reported the Central Bank of Nigeria issued an email statement, citing representative Isaac Okorafor, which said MTN had provided additional information over the allegations that may lead to an “equitable resolution”.

MTN was last month ordered to refund $8.1 billion that the bank said had illegally been taken out of the country through dividends.

Shortly after, MTN’s woes in the country increased after the national regulator fined it $2 billion in back taxes related to the import of non-domestic equipment and payments to suppliers over the past decade.

The bank’s latest statement notably did not mention the tax fine.

MTN has refuted both claims, but said last week the claim for a total $10.1 billion in penalties would hinder a planned IPO in the country.

Step in the right direction
In the statement, Okorafor said four banks also provided further detail on the $8.1 billion claim, which will be reviewed by the central bank.

MTN has a history of long-running disputes in Nigeria and it will hope it can, indeed, find an amicable resolution as it did two years ago in another high-stakes row, when it negotiated a $5.2 billion fine relating to violations of rules around unregistered subscribers down to $1.7 billion.

Olusola Teniola, president of the Association of Telecommunications Companies of Nigeria said the latest development was “a step in the right direction. Continued dialogue to reach an amicable resolution is a minimum standard expected by the investment community”.

Source: Chamber News Desk



MTN Ghana Foundation, the Corporate Social Responsibility (CSR) arm of Telecommunication Company MTN Ghana as part of its commitment to improve education has provided learning materials to over 300 school children.

The items which include, exercise books, reading materials, Pens, Pencils, School bags and other relevant educational materials was donated to the Awukugua Methodist Primary and Abiriw SDA Basic Schools in the Okere District of the Eastern Region.

The donation formed part of activities dubbed “Headstart, Back to School supply drive’’ and it’s an initiative of MTN Ghana Foundation in collaboration with TopDog Foundation, a Non-Governmental Organization (NGO).

The Executive Secretary of MTN Ghana Foundation, Mr. Robert Kuzoe said, the donation formed part of activities by MTN Foundation to improve education in the country and to commemorate the International literacy day marked every 8th September by the United Nations Educational, Scientific and Cultural Organization (UNESCO).

He said MTN wants to improve the literacy rate which currently stands at 76 percent, by the statistics gathered by UNESCO.

“Literacy is at the heart of basic education, essential for reducing child mortality, achieving gender equality and ensuring sustainable development’’, he emphasized.

Mr Kuzoe said the materials presented to the pupils will give them opportunity to engage themselves in "Play and learn" activities and that will help improve their Literacy skills.

He indicated that, he was hopeful the initiative will excite the children and get them to be punctual in school which will awaken their interest in reading and writing and improve their academic performance.

He then advised the pupils to continue studying hard to be more beneficial to their society and country in the near future.


Source: brytfmonline