The Chief Executive Officer of the Ghana Chamber of Telecommunications, Kwaku Sakyi Addo has stepped down after being in the position for the past six years. He will take up a new role as the Board Chairman of the industry regulator, the National Communications Authority (NCA).

The new Administrator for Ghana Investment Fund for Electronic Communication (GIFEC) Mr. Abraham Kofi Asante has paid a courtesy call on the CEO of the Ghana Chamber of Telecommunication, Kwaku Sakyi Addo.

Despite the current economic headwinds, the Chief Executive Officer of the Ghana Chamber of Telecommunications (GCT), Mr Kwaku Sakyi-Addo is confident that the prospects of the telecom sector are bright.

Telecommunication companies in Ghana last year (2013) experienced a depressing 30 percent increase in cable cuts. Two thousand one hundred and ten (2110) cable cuts were recorded last year compared to 1,605 in 2012 and 480 in 2011.