Pulse.com.gh logo

Plough- back Vodafone invests US$1.7 billion to strengthen its operations

Mr. Ebenezer Amankwah, the Corporate Communications Manager, said this basically involved upgrading of network infrastructure.

  • Published: , Refreshed:

Vodafone Ghana, one of the nation’s leading telecommunication companies has within the past seven years invested US$1.7 billion to strengthen its operations.

Mr. Ebenezer Amankwah, the Corporate Communications Manager, said this basically involved upgrading of network infrastructure.

He was speaking at a round table discussion with the media in Kumasi to highlight the progress and challenges facing the industry.

Vodafone, with a 23 per cent market share, employs 1,500 permanent workers and another 300 people engaged on contract basis.

Mr. Amankwah announced that there had been a significant increase in the number of its subscribers - from 1.5 million in year 2008 to 7.3 million, and underlined its determination to roll out innovative products expand its market share.

He complained overcrowding in the telecommunications industry with six operators competing for space and attention in nation of about 27 million people.

That, he said, had created problems of overregulation and over-taxation, which was crippling the activities of the companies.

He therefore called on the regulator, the National Communication Authority (NCA) to create the right conditions for them to thrive.

The high and multiple taxes combined with inflexible policies was making things really hard for them, he added.

Mr. Amankwah stated that the imbalance in the market share was also not helpful to healthy competition and asked that this was tackled to create a level playing field.

Nana Yaa Afriyie Ofori-Koree, Foundation and Sustainability Manager, said Vodafone as a responsible corporate citizen, would continue to live up to its social responsibility.

It had so far paid the medical bills of 70 patients, who had to undergo surgery for treatment of their health conditions and offered scholarship to a total 100 girls pursuing courses in technology.  


Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos

Top Articles

1 How to create a verified PayPal account Learn how to create a verified...bullet
2 RADP Ringier Ghana educates CCIFG members on Digital Marketing Strategiesbullet
3 Investment banks in Ghana Top 5 investment banks in Ghana and why...bullet
4 How to write a memo How to write a memo like a probullet
5 1D1F: Nana Addo commissions diaper making factory in Bortianorbullet
6 How to create an NGO in Ghana How to register and start an NGObullet
7 10 banks in danger of not meeting BoG’s GH¢400m minimum capitalbullet
8 Menzgold suspends online trading; ask staff to go on leavebullet
9 Ghana Ports and Harbours Authority GPHA staff demands...bullet
10 Police arrest 6 Menzgold customers trying to lock up...bullet

Top Videos

1 Former Capital Bank staff grills pork for survivalbullet
2 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet