Industry News

A new study from Juniper Research, the foremost experts in payment markets, has found that the number of digital wallet users globally will exceed 5.4 billion in 2028, rising from 3.7 billion in 2023.

Two individuals arrested on charges of cable theft in Akosombo, have been found guilty and each sentenced to a prison term of seven years by the Odumase Krobo Circuit Court.

This year, MTN Ghana Foundation awarded scholarships to some 120 needy and brilliant students including Persons with Disabilities in 17 public tertiary institutions. These beneficiaries were selected from all 16 regions of the country.

Vodafone Ghana is excited to announce the launch of a major upgrade to its existing 4G technology, called 4G+. This new upgrade will enable customers to experience an enhanced network speed and facilitate improved services.

Vodafone plans to work with Amazon’s low Earth orbit satellite constellation Project Kuiper to extend the reach of its 4G and 5G telecoms networks in Europe and Africa.

The British mobile operator said Project Kuiper’s high-bandwidth, low-latency satellites would be used to connect mobile base stations in remote locations to its core networks, eliminating the need for fibre-based or fixed wireless links.

Amazon is preparing to test two prototype satellites in the coming months before starting to deploy production satellites in 2024 for its network, which will compete with Elon Musk’s Starlink, One Web and others.

Vodafone and Amazon said they would work to roll out Project Kuiper’s high-speed broadband services to under-served communities around the world, and also offer services to businesses, such as back-up connections.

Dave Limp, Amazon’s senior vice president for devices and services, said the partnership would help both customers of both companies “get the most value from expanded connectivity, particularly in areas like residential broadband, agriculture, education, healthcare, transportation and financial services”.

Vodafone CEO Margherita Della Valle said the tie-up would complement the British company’s existing work with AST Space Mobile to develop a space-based mobile network that would connect directly with standard mobile phones without the need for specialised equipment.

Source: Reuters

The National Cybersecurity Awareness Month (NSCAM) has been launched to raise awareness of digital security and empower people to protect their personal data from digital forms of crime in view of the ever-evolving global digital trends.

Long-term investors (shareholders) of MTN Ghana are expected to significantly benefit from the durable competitive advantage of the telecommunication company. The company’s competitive advantage creates a monopoly-like environment that allows it to either sell more or charge more for its product/service.

Vodafone Ghana has unveiled its Grow Western 2023 initiative, a comprehensive programme tailored to the Western Region. With this initiative, Vodafone hopes to incentivise customers, improve healthcare, increase tech knowledge, and foster community growth.

In the vast expanse of Africa, a silent revolution is taking place. The continent, which has long been characterized by its large unbanked population, is witnessing a paradigm shift in the realm of financial inclusion. The future of mobile money, an innovative and transformative technology, is unfolding at an unprecedented pace, tapping into Africa’s unbanked population and fostering a new era of financial inclusion.