MTN Hints 5g License
MTN Ghana hints at obtaining their 5G license in the upcoming year.
This was made known by the CEO, Mr. Selorm Adadevoh. He said in preparation for the license the company has modernized about 1,322 sites and is hopeful that talks with the various regulatory bodies will lead to the early acquisition of the license.
Mr. Adadevoh spoke to journalists present at the MTN Media Awards last Friday, saying: “5G is an exciting technology for us as an emerging tech company, we are at the leading edge of the technologies that drive the foundation of the internet and the platform economy that we working towards.”
He added: “5G is very exciting, we have already seen 5G licenses issued in Nigeria and some of our other markets, and we working with the regulators to try to see how we can try out or pilot either this year or next year, so exciting times ahead and we looking forward to it.”
He also said one of the company’s visions is to reshape the business from a traditional “telco into a tech-co”.
“The difference between a telecom company and a technology company is a technology company presents platforms to enable the ecosystem. Our first step strategy is called Ambition 2025 – whereby the end of 2025 we would have five key platform pillars—fintech, Ayoba, Enterprise Solutions, Network as a service, API aggregator called Chenosis—which can accelerate the rate of technology adoption and the rate of the impact of technology on businesses,” Mr. Adadevoh explained.
With the proposed transition “tech-co”, MTN is hopeful of making an impact in the Ghanaian economy by promoting the use of technology in everyday business.
The MTN boss said this new focus will take investment, strategic restructuring, cultural changes, mindset changes on the way we work, think, huge investments across different dimensions.
“In the next five years, we have committed to investing over US$1bn in our infrastructure alone and that includes becoming a platform player, but it goes beyond that investment when you think about all the other elements that are involved in becoming a tech-co”