MTN Ghana could cut off a quarter of its subscribers on Thursday | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

MTN Ghana says it has received a directive to deactivate sims that have not completed a biometric registration process, set to effect 5.7 million subscribers, or a quarter of its base. | News24_Business

MTN said it will provide an update on Friday on the effect, including on revenue, of the process, as well as initiatives to re-register subscribers. All deactivated cards can be reactivated within 6 months, or a deadline of the end of May 2023.

MTN Ghana accounted for just over a tenth, or R9.9 billion, of the mobile operators revenue in its half-year to end-June, putting it behind Nigeria and SA. The business has also been of a new 1.5% levy on electronic money transfer services introduced in May, which has prompted it to cut its transaction fees by a quarter to cushion the blow.the rules prompted a 57 000 fall in subscribers in its third quarter to end September, though over a nine month period, they were still up 10% to 74.1 million.In times of uncertainty you need journalism you can trust.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business This should be implemented worldwide to reduce crime .

_Business | cant explain how you make me feel right now, the joy in me is inexplicable, I have made more than R65,000 during the last 2 weeks with the help of marksust6

_Business Best they switch them off then. Don't want a repeat of Nigeria.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

From doctor-vouchers to R11 000 surgeries: Netcare has big plans for new business | BusinessNetcare has rapidly expanded NetcarePlus, adding vouchers for dental care and optometry, as well as gap cover, trauma cover and all-inclusive planned surgery vouchers. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

Transnet decline: Inside business' big battle for private rail | BusinessTransnet Freight Rail's deteriorating performance - at great economic cost - has sparked intense pressure to invite the private sector to run both trains and infrastructure. | politicsblahbla News24_Business politicsblahbla _Business It's because your sponsored President Ramaphosa has never been a businessman politicsblahbla _Business ek wonder hoekom 🤔 politicsblahbla _Business The neoliberal agenda is unrelenting.
Source: News24 - 🏆 4. / 80 Read more »