Mr Ralph Mupita, MTN Group President and Chief Executive Officer, has reaffirmed MTN’s commitment to accelerating digital and financial inclusion across Africa.
He said Ghana had a critical role in the Group’s strategy and operations in the financial inclusion.
He made the remarks during the latest edition of Bright Conversations, held in Accra.
Bright Conversations is a thought leadership series that provides a platform for dialogue and shared insights with stakeholders on Africa’s digital future.
Mr. Mupita, who was in Ghana to pay a courtesy call on key stakeholders, emphasised the country’s importance to the MTN Group’s vision.
“Ghana is an important part of MTN. Operating in 16 markets, we see Ghana as central to driving digital and financial inclusion on the continent,” he said.
Mr Mupita described MTN Group’s first-half results as the strongest in nearly eight years, with Ghana contributing significantly to the Group’s success.
“We reported the best set of results in recent years, thanks to the team in Ghana, our customers, and stakeholders but the journey is far from over,” he added.
The Group CEO said MTN still had at least a decade of work ahead to deliver on the mission of digital and financial inclusion.
Mr Mupita announced the company would consolidate its focus around three core businesses: connectivity, FinTech, and digital infrastructure.
He said the next frontier would involve expanding high-quality home connectivity and preparing Africa for emerging technologies such as Artificial Intelligence.
He emphasised that governments had a key role to play in creating an enabling regulatory environment for investment.
“Spectrum must be made available at a reasonable cost, and regulatory frameworks must be clear and consistent. Capital will always flow to markets where there is predictability and a conducive environment,” he said.
He commended Ghana’s ongoing reforms and the leadership of the Minister for Communication, Digital Technology and Innovation for his efforts in driving the digital economy.
He assured that MTN was exploring innovative ways to balance affordability with continued investment in infrastructure.
Citing a recent GSMA report on Ghana’s digital economy, Mr Mupita explained that measures such as sunsetting older technologies like 3G could significantly reduce costs and enhance service quality.
Source: GNA
Source: ghanabusinessnews.com
