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Business News of Saturday, 22 June 2019

Source: www.ghananewsalert.com

MTN hold Editors Forum for senior media practitioners

The Forum is an annual event organized by  MTN to solicit feedback The Forum is an annual event organized by MTN to solicit feedback

To get involved with happenings in the Mobile Telecommunications space, MTN, the leading Telecommunications giant in Ghana, has engaged Senior Media Practitioners in the Central Region in a programme dubbed Editors' Forum at Ridge Royal Hotel in Cape Coast

The Forum is an annual event organized by MTN to solicit feedback from senior media practitioners who on a day to day basis interact with listeners in their community and so channel the feedback gathered while using the MTN network.

MTN consolidate these views and observations from the Editors and in turn suggest ways to curb some of those problems.

Speaking at the event, Corporate Services Executive in charge of the Central Region for MTN , Mr. Sam Koranteng revealed that the company invested a whopping 825 Million Ghana Cedis in Network Technology and IT systems in 2018 and made government payments to the tune of approximately 1.5 billion Ghana Cedis, achieved over 23.5 percent service revenue growth year-on-year and was also able to successfully raise 1.15 billion Ghana Cedis in its IPO from some 127 thousand customers in Ghana.

‘’Growth drivers are data, MFS, and voice that continues to be strong’’ Mr. Koranteng revealed in his presentation.

Highlighting the company’s key achievements and awards in 2018, Mr. Koranteng mentioned the launch of the IPO, Customer Outreach, Customer Soirees, the launch of the rural technology project, the 21 days Y’ello Care as well as the inauguration of a project at the Tema General Hospital as some of the top activities undertaken by the company.

He said the company also grabbed awards at the Ghana Club 100, Africa #1 Brand Award, an investor in people award and several SEAGHA awards among others.

The Network Group Manager in charge of South West, Teddy Hayford-Acquah on his part mentioned frequent and multiple fibre cuts, erratic power supply, battery theft and fading on microwave transmission infrastructure as some of the challenges the company is grappling with.

The Mobile Money Officer for the Central Region, Anthony Koranteng took the senior journalists through an overview of the Mobile Money service 10 years down the line and what the challenges are, including fraud among others.

He also outlined interventions being deployed by the company to tackle Mobile Money Fraud some of which include the re-introduction of allowing cash out, blocking the wallets of agents for repeated cash-out attempts, introduction of agents IDs and QR Codes and consumer lens radio interviews among others.