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Cutting MTN off 5G deal won’t solve market imbalance – Digital Entrepreneur

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Digital Entrepreneur Derek Nii Laryea has expressed skepticism regarding the government’s claim of correction of market disparities if the 5G agreement does not involve Mobile Telecommunications Network (MTN), given its substantial influence in Ghana.

These remarks follow the government’s declaration to launch 5G services, selecting NextGen Infraco for the contract.

The significance of MTN in the telecommunications sector has ignited discussions among industry participants, with many advocating that MTN should have been a contender for the 5G agreement.

Even though the government maintains that it doors are open to engage MTN if it is interested, Nii Laryea in an interview with Bernard Avle on ChannelOne TV, questioned this stance by the government.

“Do 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’s dominance? MTN’s monopoly doesn’t disturb me or you. You just want quality service,” he questioned.

He argued further that MTN’s dominance in the industry does not pose a threat to other competitors.

Nii Laryea commended MTN for its investments over the years, which have positively influenced its market share in Ghana.

He argued that MTN should not be held responsible for the hesitation of investors to invest in the country.

“I agree that we want to manage MTN’s 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.

“Especially when MTN didn’t physically beat them and collect the shares from them or took the market shares from the floor.

He added, “It 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’t think it’s MTN’s fault.

“MTN’s sin is that they said they are interested in the market and will put money in it…Like I’m saying, their dominance is not hurting anybody.”

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