NOV 26, 2018: MTN GHANA FINED GHs9.08m FOR POOR QUALITY

MTN Ghana, the company that went public recently and now is a highly weighted equity in the market, was last week fined GHs 9.08m by the National Communication Authority of Ghana.

The Ghana NCA imposed the fine because of what failure of MTN to meet mean opinion score thresholds ( that is speech quality measurements).

According to information made available to the Ghana Stock exchange as part of listing requirements, the company is not happy with the fine.

It is arguing that it has spend about GHs 749m on improving its infrastructure alone in recent times and looks forward to a review of the fine.

Within this context, says the release by the Exchange on the matter, hopes for amicable resolution of the matter are not misplaced.

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