National Communications Authority to declare to cap MTN’s Market Power

The National Communications Authority declared its intention to classify MTN as a Dominant/Significant Market Power.

While the regulator’s website does not share many details on which measures will be taken MTN said it “will refrain from making any public statements or comments on this matter” whilst it waits for the formal notification from the regulator, the National Communications Authority (NCA) to assess the details.

In a statement, MTN said: “We would like to reassure our cherished shareholders and customers that our commitment to the delivery of a bold new digital world in Ghana remains intact and they can count on our continued investment in infrastructure and innovative products and services”.

The company further notes that it respects the NCA’s purview to regulate the telecommunication sector in Ghana based on legislation and best practices. However, MTN Ghana has not yet received the formal notification from the regulator and awaits this to assess the details.

“MTN Ghana is focused on providing the enabling technology to support Ghana’s digital economy and drive productivity, particularly during the COVID-19 pandemic,” the statement concludes.

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