ADVERTISEMENT
MTN pays Ghȼ 637m taxes
MTN is continually investing towards a robust network through fibre optic extension and upgrading of cell sites so as to meet high data demand.
___6876924___https:______static.pulse.com.gh___webservice___escenic___binary___6876924___2017___6___21___18___cynthia-lumor
The telecom giant made this payment to the Ghana Revenue Authority (GRA) in 2016.
MTN together with some of its subsidiary companies paid about GHS1.1 billion paid out of the company’s 2016 total revenue of GHȼ2.7 billion.
The Corporate Services Executive of MTN, Cynthia Lumor, who disclosed this, during an annual Volta Regional Editors Forum held in Ho, said the company, which has been in operation for the past two decades, saw a 19.8 percent rise in its revenue over the period.
ADVERTISEMENT
READ ALSO: Kotoko through to the FA Cup quarters
This, she attributed largely to the increasing demand in data services on the network.
Mrs. Lumor also noted that in line with the corporate vision leading the country’s digital revolution, MTN is continually investing towards a robust network through fibre optic extension and upgrading of cell sites so as to meet high data demand.
She added that, steps are being taken to minimize operational inefficiencies, fibre cuts and curb incidents of mobile money fraud to reach more people.
On MTN’s Social responsibility initiatives in the Volta region, the Corporate Services Executive indicated that, about 16 social intervention projects targeted at over 300,000 people would be undertaken in 2017.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
Akufo-Addo's driver to contest NPP parliamentary primary for La Dedekotopon
Lordina Mahama engages with young ladies at singles camp meeting
60 E-blocks finished; 15 more near completion – Majority
Ghana requires no further adjustments - Abebe Selassie
UENR applauds IGP Dampare's intervention after attack on students and lecturers
"If I were President, I'd be asking some serious questions" - Mahama
Bawumia vows reconstruction of fire-ravaged Madina Market
Government committed to establishing Ghana as a bilingual state – Akufo-Addo