Pulse.com.gh logo
Go


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.  

GNA

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 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions public againbullet
2 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
3 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
4 Menzgold Ghana Investment company closes down its Gold Vault Marketbullet
5 Education Top 5 private high schools in Ghana according to WAECbullet
6 Taxes In Ghana Don't rejoice; VAT has been hiked through...bullet
7 Mutual funds in Ghana Top 5 mutual funds in Ghanabullet
8 Number 12 Panic withdrawals hit savings & loans company...bullet
9 Uche Ofodile Captain Planet’s wife heads MTN Liberiabullet
10 AirtelTigo 6 things every Airtel and Tigo customer...bullet

Top Videos

1 New Discovery Ghana discovers new mineral, lithium in commercial quantitiesbullet
2 Money Alert Meet Africa's richest womanbullet
3 Plane Crash Starbow suspends operations following plane crashbullet
4 Forbes 2018 Africa's billionaires rich listbullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Bozoma Saint John 10 quotes from Uber top official, Bozoma,...bullet
7 Support Finance minister buys Kantanka carbullet
8 New Phones Nokia MWC 2018 Event in 5 minutesbullet
9 Tech 6 reasons you should buy an iPhone SE instead of...bullet

Business