MTN Ghana Celebrates Its Leadership At The Ghana Club 100 Awards

Scancom PLC (MTN Ghana) has been recognized as one of the top companies in Ghana, securing 3rd place at the 21st Ghana Club 100 Awards organized by the Ghana Investment Promotion Centre (GIPC) at the La Palm Royal Beach Hotel.

This award celebrates MTN Ghana’s impressive revenue growth over the past year, its market leadership, and the innovative digital services it has introduced. It also acknowledges the significant investments made in network expansion and improvement, as well as the extensive corporate social responsibility initiatives undertaken by the company.

The award certificate presented to MTN states, “The Ghana Investment Promotion Centre proudly presents this certificate to MTN Ghana for being the top-ranked company in the telecommunications sector for the 21st Edition of the Ghana Club 100 Awards.”

Receiving the award, Mr. Stephen Blewett, CEO of MTN Ghana, expressed his gratitude and said, “We are honored to receive this prestigious recognition. It reflects our commitment to delivering exceptional services, driving digital transformation, and contributing to Ghana’s socio-economic development. MTN Ghana will continue to implement best practices and strategies to delight our customers and contribute to Ghana’s growth.”

Mr. Blewett dedicated the award to MTN staff, customers, and all stakeholders for their unwavering support and commitment over the years.

The Ghana Club 100 is an annual ranking of the top 100 companies in Ghana, based on criteria such as revenue, profitability, and corporate social responsibility. Established to celebrate excellence in Ghana’s private sector, the award honours companies recognized for their strong corporate governance, financial stability, and economic contributions under the theme “Fostering Domestic Champions: Building Local Capacity”.

The 2024 Ghana Club 100 Awards emphasized the importance of businesses that not only excel in their fields but also significantly contribute to Ghana’s economic development and capacity building. These annual awards have become a benchmark for corporate excellence.

Source: MTN Ghana (Business Ghana)

MTN records 35.5% growth in profit to GH¢3.76bn in quarter 3, 2024

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MTN Ghana continued its sterling performance in 2024 as it recorded a 35.5% year-on-year growth in profit to GH¢3.76 billion in the third quarter of 2024.

This is coming notwithstanding the prevailing macroeconomic challenges.

It highlights the company’s resilience and ability to provide customers with essential connectivity and fintech solutions as the rationale behind this impressive performance.

Additionally, the company sustained its contribution to the nation’s socioeconomic and fiscal development through the MTN Foundation and tax payments.

In the third quarter of 2024, MTN Ghana recorded a 32% year-on-year growth in service revenue.

This growth was driven by increased revenues from data, Mobile Money (MoMo) and digital services and supported by investments that enhanced 4G connectivity.

Additionally, the subscriber base expanded by 10.8% year-on-year.

“We invested GH¢3.7 billion in total capital expenditure during the period to maintain network quality, expand coverage and capacity and enhance our IT systems. These investments improved our service delivery to our customer base of 28.6 million, which includes an additional 0.3 million customers connected in the third quarter”, it disclosed in a statement.

Voice Revenue

Voice revenue decreased by 3.4% year-on-year to GH¢2.6 billion as customers continued to opt for lower-priced plans and switch from traditional calls to voice over Internet Protocol (VoIP) due to increased data adoption.

The decrease was mitigated by growth in usage (+11.2% year-on-year in minutes of use) supported by its customer value management initiatives. These customer-centric initiatives also helped to improve the customer experience and reduce churn.

The contribution of voice to total service revenue decreased from 28.1% to 20.6% year-on-year in favour of faster-growing products and services.

Data Revenue

Data revenue recorded a 53.4% year-on-year growth to GH¢6.3 billion.

This was due to improvements in the network and connectivity, which supported a 17.3% year-on-year increase in active data subscribers and a 10.4% year-on-year rise in megabytes consumed per active user per month, consequently resulting in a 29.5% year-on-year growth in data traffic over the period.

The contribution of data revenue to total service revenue increased from 42.8% to 49.8% year-on-year.

Mobile Money

Mobile Money revenue increased by 50.8% year-on-year to GH¢3.1 billion.

This was supported by growth of 79% year-on-year in advanced services revenue and a 41.8% year-on-year growth in basic revenue comprising of cash out and Peer-2-Peer revenue.

The growth in revenue was underpinned by an 18.1% year-on-year increase in active users partly due to improvements in its acquisition channels and the introduction of self-activation which accounts for almost 6,000 additions per week.

The overall contribution of MoMo revenue to total service revenue increased from 21.3% to 24.4% year-on-year.

Digital Revenue

Digital revenue continued to grow strongly, increasing by 65.6% year-on-year to GH¢160 million.

This growth was driven by a 21.5% year-on-year increase in active subscribers as well as usage of products and services, leading to higher revenue from video, gaming and ring-back tones.

The increase in users is attributed to our improved customer experience and our continued focus on providing relevant digital services both locally and internationally.

Source: Joy Business

MTN Foundation delivers crucial technology tools to Eastern Regional Hospital

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In a move towards enhancing healthcare services in Ghana, the MTN Ghana Foundation has donated 10 laptop computers and two modern interactive boards to the Eastern Regional Hospital in Koforidua. This contribution is both timely and significant, as it will elevate the standards of healthcare delivery and improve the learning experience for medical specialists at the referral facility.

At the donation ceremony, Mrs. Mary Amponsah-Kwatiah, Administrator of the Eastern Regional Hospital, expressed her profound gratitude for the gesture and highlighted the deep impact the new equipment would have on patient care and specialist training.

“For over five years, we have successfully transitioned to electronic folders, replacing traditional paper records with a more efficient digital system,” she explained.

She further noted that every staff member, whether nurse or doctor, is now required to use a computer or laptop in their daily tasks. The addition of 10 laptops would not only be beneficial to the workers but would also significantly enhance their capabilities.

“These items will go a long way in improving the quality of healthcare service we provide to our clients,” she added.

The hospital had long transitioned from paper folders to an electronic records system, integrating technology into its workflows. While the donation of the laptops will augment the existing supplies, it still falls short of the hospital’s overall demand for approximately 200 computers or laptops. Nevertheless, the new laptops will provide essential tools for many healthcare workers—from nurses to doctors—enhancing their efficiency and supporting their daily medical practices.

The donation comes at a crucial time, as the hospital was granted accreditation in January 2024 from the Ghana College of Physicians and Surgeons to train fellows in general surgery, family medicine, and obstetrics and gynecology.

“This donation is instrumental to our specialists and trainees, as they utilize technology for consultations and surgeries, ensuring every vital aspect of patient care is documented electronically,” Mrs. Amponsah-Kwatiah told the Ghana News Agency (GNA) on the sidelines of the ceremony.

She also took the GNA through the hospital, including the mortuary department, to demonstrate how automation initiatives were enhancing healthcare service delivery. She emphasized that all staff members had upgraded their skills to keep pace with evolving technologies. Notably, some mortuary attendants hold master’s degrees, reflecting the hospital’s commitment to professionalism and excellence.

With the introduction of the new interactive boards, doctors can now conduct consultations remotely, effectively eliminating the need for patients to travel long distances to the regional hospital. Additionally, the automation of hospital records has significantly reduced unnecessary delays and improved overall productivity.

Mrs. Amponsah-Kwatiah noted that the transition not only streamlined processes but also discouraged corrupt practices such as bribery, fostering a more transparent and efficient healthcare environment.

She stressed that the groundbreaking supplies would allow specialists at the hospital to interact with patients virtually, providing timely and efficient healthcare solutions. “Our doctors can see patients from afar, making it a modern approach to healthcare,” she said.

Speaking to journalists, Mr. Robert Kuzoe, Senior Manager of the MTN Ghana Foundation, elaborated on the purpose of the donation, stating, “We are dedicated to enhancing teaching and learning within healthcare institutions. This donation reflects our commitment to support the Eastern Regional Hospital as it elevates its role in the medical field.”

He emphasized that the technology tools would enable physicians in training to receive real-time education and feedback, significantly reducing the need for travel to the national capital, Accra, for lectures and supervision.

“With a click of these devices, they can connect with their lecturers, supervisors, and colleagues from any location in Ghana, thus cutting down on travel costs and saving precious time,” he added.

Mr. Kuzoe reaffirmed MTN Ghana’s commitment to ensuring that everyone benefits from modern connectivity, saying, “Our aim is to contribute to society by providing advanced digital equipment to health institutions, helping to enhance the overall quality of healthcare.”

The Eastern Regional Hospital in Koforidua is not the first beneficiary of such a transformative gift from the MTN Ghana Foundation. The foundation has previously supported several educational and health institutions, including the University of Ghana Medical Centre, Tema General Hospital, and Keta Municipal Hospital. It also provided a GH₵2.2 million 100-seater robotics center at Mamfe Methodist Girls’ SHS and a GH₵5.47 million ultra-modern Accident and Emergency Block to Bawjiase Polyclinic.

Through its Corporate Social Responsibility initiatives, established in 2007, MTN Ghana Foundation focuses on health, education, and economic empowerment, constantly seeking ways to strengthen communities and promote development.

As the Eastern Regional Hospital embraces this new chapter of innovation and technology, both patients and medical practitioners can look forward to a more efficient and accessible healthcare delivery system.

Source: Myjoyonline

Ghana joins league of countries using 5G network – to drive growth, development

Ghana has become one of the nations that has adopted 5G technology to enhance digital transformation and stimulate economic develop­ment.

The 5G infrastructure was established by Next-Gen InfraCo, a consortium of telecommunica­tions service providers that has been granted exclusive rights for a decade to implement both 5G and 4G networks throughout the country, aiming to improve network coverage and reliability in Ghana.

The President Nana Addo Dankwa Akufo-Addo, speaking at the launch in Accra on Friday said, “We are at a crossroads where digital technology is no longer an option, but an imper­ative. Our digital transformation agenda aimed at creating an inclusive digital ecosystem is critical for job creation, economic diversification, and global com­petitiveness.”

He said the launch of the 5G launch positioned Ghana to em­brace a future that was connect­ed, agile, and responsive.

The 5G technology, he noted, would have a transformative impact on the country’s nation­al landscape, adding that, “Its high speed, minimal latency, and enhanced capacity would drive our agenda forward.”

In the areas of health, educa­tion, agriculture, and security, the President stated that the 5G would enable innovations that enhance service accessibility and afford­ability.

“We can envisage healthcare consultations conducted remotely, real-time crop monitoring, and ac­cess to educational content in even the remotest regions,” he stressed.

President Nana Akufo-Addo further indicated that, “This is not a distant dream, but an imminent reality if we act with foresight and commitment. 5G will be a catalyst for industrial growth, empowering domestic businesses, particularly micro, small, and medium-sized enterprises, MSMEs, which are the backbone of our economy. With faster, more reliable internet, MSMEs can reach new markets, streamline logistics, and scale up their operations.”

The Managing Director of NextGen Infraco, Tenu Awoonor, said as the government aimed to transform the nation’s digital envi­ronment, NextGen Infraco would guarantee that the substantial in­vestment in this global shift yields financial and economic benefits for the country.

“With the advent of 5G, we have the opportunity to foster a more inclusive society, ensuring that no individual in Ghana is overlooked. Whether you are a farmer in Tamale, a small business proprietor in Kumasi, or a student in Cape Coast, 5G will connect you to the global community and unlock new avenues for advance­ment,” he said.

“At NextGen Infraco, we take immense pride in contributing to this evolution. We are not merely observers; we are actively investing in Ghana’s future. We view 5G not just as a means of innovation, but as a driving force for growth, de­velopment, and the empowerment of every Ghanaian,” he added.

The Minister for Communi­cation and Digitalisation, Ursula Owusu-Ekuful, underlined that the introduction of 5G had the potential to foster innovations across various sectors, including agriculture, healthcare, transporta­tion, manufacturing, banking, and more.

“Today, we commemorate not only a technological transforma­tion but also a reflection of our re­silience, innovation, and collective advancement as a nation.”

She highlighted the significant progress made in the telecom­munications sector, noting the country’s evolution from 1G to the forefront of 5G technology,” she explained.

Source: DAVID ADADEVOH(Ghanaian Times)

MTN Ghana set to achieve 75% digital capability by 2025

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Mobile telecommunications giant, MTN Ghana is targeting 75 per cent digital capability and skills training in the country by 2025.

According to the company, the move forms part of the strategic re-focusing of the MTN Ghana Foundation, the charity arm of the mobile network provider.

In a presentation by the Chief Corporate Services and Sustainability Officer at MTN Ghana, Adwoa Wiafe mentioned that the network hoped to achieve the set target through digital projects, community support programmes, and national priority areas.

Madam Wiafe was addressing the media at the 2024 fourth quarter Media Republic Connect, a platform to engage the media and update them on the operations of the company held at the office of MTN Ghana.

She explained that they had set up the Mamfe Girls Robotics Lab to serve as a resource centre for Senior High Schools within the community and also handed over a 40-seater ICT lab at Yilo Krobo. They also provided equipment for the Wiamose ICT Facility and Digital Health Diagnostic Equipment in digital projects.

Madam Wiafe said they had undertaken digital skills training for the Community Support Programmes for the youth, women, and persons with disabilities through their Digital Skills for Digital Jobs, Y’ello Care, Bright Scholarship for tertiary level STEM students, and other Enterprise Programmes.

She said since the inception of the MTN Ghana Foundation, they had invested GH¢106.5 million in social impact and projects impacting about 4.5 million lives directly and indirectly and while completing 166 projects.

“Our vision is to create sustainable digital solutions that impact communities and touch 100,000 lives by 2025, and continue to embrace innovation to drive social change, nurture effective collaborations, and empower individuals in under served communities,” she said.

Madam Wiafe said MTN was committed to sustainability through Project Zero, focusing on expanding broadband coverage to increase access and empowering women in the workforce through hiring, succession programmes, and technology initiatives.

She further mentioned that they hoped to grow active subscribers, merchants, and agents year over year while enhancing the customer experience with increased adoption of advanced services and self-upgrade initiatives.

Source: Telecom (Joy Business)