The number of mobile phone users climbed to 35,283,957 at the end of 2015, representing a teledensity rate of 129.63 per cent, while data subscribers stood at 18,031,188 indicating 65.74 per cent rise over the same period.
We are also constructing 120 LTE sites to enhance public service delivery
Communications minister, Edward Omane Boamah attributed the development to aggressive infrastructure deployment, amplified by massive investments by investors to enhance mobile usage and transactions.
The government has embarked on the construction of eastern corridor fibre optic network to complement the country’s in-land fibre stock aimed to improve communication services.
The communications ministry has also refurbished a defunct public works department warehouse into a first-class business process outsourcing centre, which Boamah said “will generate 10,000 direct and indirect jobs”.
“We are also constructing 120 LTE sites to enhance public service delivery, to further improve universal access and bridge the digital divide,” he said, in addition to 21 enhanced community information centres built across Ghana’s 10 regions.
The projects contribute to the use of information and communication technology (ICT) products and services offered by the telecom industry.
Private industry players, their affiliates and civil society organisations contribute to robust investments and operations in Ghana’s telecom industry to stir economic growth and drive national life.
“We have common but differentiated responsibilities, we acknowledge you as worthy partners notwithstanding the fact that we may disagree at certain times, such disagreements must be viewed within the context of the importance of frictional forces – which are major factors for systems and objects to move,” he said.
Ghana’s telecom industry is moving at a faster pace to respond to growing demands for telephony services as global technology advances towards convergence of telecommunications and broadcasting.
Boamah said the growth of mobile money has inspired change in business models of many financial institutions in the country and has led to creation of job opportunities.
The government said it was working with the private sector to develop budding entrepreneurs in the ICT sector to spur greater transformation.
“We are also working to develop competitive business hubs, with the view to extend them to all areas in Ghana, this vision calls for uninterrupted connectivity and network in all areas of the country,” Boamah said.
Meanwhile, the penetration of mobile money in the country has also ballooned for the fourth time, witnessing transactions value growing by over 216 per cent over the previous year, according to latest reports.
In 2014 the three telecom operators – Airtel, Tigo and MTN – engaged in mobile money transactions worth around 11.2 billion cedi coming on the back of more than 260 million transactions in a market that has seen new entrants like Vodafone Cash.
Industry watchers say Ghana’s mobile money boost will allow millions of people excluded from the formal financial system to perform financial transactions cheaply, securely, and reliably.
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