Government maintains no plans to reduce 4G spectrum fees

11 Jul 2017

Ghana’s Minister for Communications, Ursula Owusu Ekuful has said that the government has no plans to reduce the cost of 4G LTE spectrum licences for operators in the country, writes Citi Business News. Vodafone Ghana CEO Yolanda Cuba had argued earlier this year that the price should be reduced after MTN Ghana acquired its 4G licence at a price of USD67.5 million.

Mrs Owusu Ekuful reiterated that the government would not lower the cost of the 4G LTE licence and that companies wishing to acquire a licence must consolidate in order to afford the price: ‘I have indicated in the meetings I have had with the operators that consolidation is the way to go, and we would actively promote any effort to consolidate their operations and build more synergies instead of going for loans and incurring the huge capital outlaw which the industry demands.’