{"id":187368,"date":"2024-06-06T05:25:51","date_gmt":"2024-06-06T05:25:51","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/06\/06\/nextgen-infraco-5g-deal-cutting-mtn-off-wont-fix-market-imbalance\/"},"modified":"2024-06-06T05:25:51","modified_gmt":"2024-06-06T05:25:51","slug":"nextgen-infraco-5g-deal-cutting-mtn-off-wont-fix-market-imbalance","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/06\/06\/nextgen-infraco-5g-deal-cutting-mtn-off-wont-fix-market-imbalance\/","title":{"rendered":"NextGen Infraco 5G deal: Cutting MTN off won&#8217;t fix market imbalance"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Digital Entrepreneur Derek Nii Laryea has raised doubts about rectifying the market imbalance if the government excludes Mobile Telecommunications Network (MTN) from the 5G deal due to its significant presence in Ghana.<\/p>\n<p>His comment comes in the wake of the government\u2019s recent announcement to introduce 5G, with NextGen Infraco being the chosen recipient of the deal.<\/p>\n<p>MTN\u2019s significance in the telecom industry has sparked debate among stakeholders who believe it should have been considered for the 5G contract.<\/p>\n<p>In an interview with Bernard Avle on ChannelOne TV\u2019s <strong><em>The Point of View<\/em><\/strong>, Nii Laryea questioned, \u201cDo we think that if we cut MTN off from 5G, it means that it will fix the market imbalance? I think no. What is the outcome of MTN\u2019s dominance? MTN\u2019s monopoly doesn\u2019t disturb me or you. You just want quality service.\u201d<\/p>\n<p>He noted that MTN\u2019s dominance in the industry does not pose a threat to other competitors.<\/p>\n<p>Nii Laryea commended MTN for its investments over the years, which have positively influenced its market share in Ghana.<\/p>\n<p>He argued that MTN should not be held responsible for the hesitation of investors to invest in the country.<\/p>\n<p>\u201cI agree that we want to manage MTN\u2019s dominance, but the first thing we need to ask ourselves is, is the dominance hurting my mother in the village, or is it hurting my dad in Accra? I am not concerned even if MTN has 90% of the market and other players have decided to share 10% amongst themselves.<\/p>\n<p>\u201cEspecially when MTN didn\u2019t physically beat them and collect the shares from them or took the market shares from the floor.<\/p>\n<p>He added, \u201cIt was won through a dent of hard work and investments. The same investments that they all have. Some of these telcos are listed I think between the top 5 telcos in the world. I mean their mother bodies. So, if they have not seen Ghana as a profitable market to invest in, I don\u2019t think it\u2019s MTN\u2019s fault.<\/p>\n<p>\u201cMTN\u2019s sin is that they said they are interested in the market and will put money in it\u2026Like I\u2019m saying, their dominance is not hurting anybody.\u201d<\/p>\n<p><em><strong>\u2014-<\/strong><\/em><br \/><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Digital Entrepreneur Derek Nii Laryea has raised doubts about rectifying the market imbalance if the government excludes Mobile Telecommunications Network (MTN) from the 5G deal due to its significant presence in Ghana. His comment comes in the wake of the government\u2019s recent announcement to introduce 5G, with NextGen Infraco being the chosen recipient of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":187369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-187368","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NextGen Infraco 5G deal: Cutting MTN off won&#039;t fix market imbalance - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/06\/06\/nextgen-infraco-5g-deal-cutting-mtn-off-wont-fix-market-imbalance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NextGen Infraco 5G deal: Cutting MTN off won&#039;t fix market imbalance - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Digital Entrepreneur Derek Nii Laryea has raised doubts about rectifying the market imbalance if the government excludes Mobile Telecommunications Network (MTN) from the 5G deal due to its significant presence in Ghana. 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