Volta, Oti gets improved connectivity

The Volta Region and parts of the Oti Region which have network challenges will soon be experiencing improved connectivity after some 133 new cell sites were installed to augment the existing ones.

Currently 13 4GLITE sites and 34 3G cell sites are being constructed while 51 2G cell sites are being upgraded to 3G cell sites.

Furthermore, a new fibre optic cable is being laid from Koforidua to Ho and Aflao, all in an attempt to improve connectivityfor residents in the Volta Region.

The Chief Executive Officer (CEO) of MTN, Selorm Adadevor, made this announcement at the second edition of the Y’ello Soriee in Ho, the Volta Regional Capital.

He said the various investments in the new sites formed part of GH¢ 5.5million investment MTN in making in the Volta Region.

He noted that the loyalty of subscribers in the region was one of the best in the country, hence the Y’ellow Soriee was meant to say thank you to them because “Our Business (MTN) can’t be business without your business (customers).”

He added that the network was also rewarding loyalty of customers with 1000 awards and prizes, including cars to commemorate the 10-year anniversary of Mobile Money (MoMo) which now has over 15 million subscribers.

Peter Kofi Bimpeh, Senior Manager, General Trade, South East, MTN hinted that more investments are on the way for the region which was an important customer base of their business, adding that “the Volta region holds the biggest market share of 75% of subscribers.”

He noted that the relationship they have with Ghanaians was treasured and will be safeguarded with continuous investment and improvement of experience and services.

The two stressed that customers continue to make MTN’s business thrive in terms of revenue, voice and data quality as well as digital experience.

MTN’s Initial Public Offer (IPO) a year ago, brought in GHC50.44 million with 1.146 subscription.

Service revenue saw an increase by 23.5 percent; a feat driven by a consistent growth in voice, data and digital revenue as well as Mobile Money (MoMo).

The company got a market capitalisation of GHC9.7 billion, making it the third largest primary listed company on the Ghana Stock Exchange.

Its profit before tax also increased by 16.5 percent to GHC1.6 billion.

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