Ghana: MTN announces 15% hike in internet access cost starting next Feb 7
Monday, 06 February 2023 15:38
(Ecofin Agency) - The move aims to help MTN Ghana reduce operational pressure in a difficult economic environment. This initiative was previously announced but later postponed.
Telecom operator MTN Ghana announced, Friday (Feb 3, 2023), a 15% hike in its mobile internet access rates. According to an SMS sent to subscribers, the new rates will become effective next Tuesday.
On November 10, 2022, in a context marked by flying inflation and a depreciated local currency, the operator announced that it would increase its internet access rates. The rate hike was supposed to become effective on November 14, 2022, but, MTN postponed it to allow broader stakeholder alignment.
The announced rate hike is expected to allow MTN Ghana to generate more revenues amid the growing demand for broadband internet. Nevertheless, even though it will help reduce the operational pressure weighing on the operator, it may also slow down internet consumption.
Isaac K. Kassouwi
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