MTN’s classification as SMP not intended to punish them – NCA

The National Communications Authority (NCA) has responded to growing public concerns about high internet data prices and its recent designation of MTN as a Significant Market Power (SMP).
In a statement released on Sunday, 21 July 2024, the NCA sought to clarify its position and the implications of the SMP classification.
According to the NCA, designating MTN as an SMP is in line with its mission and regulatory mandate.
“The classification of MTN as an SMP aligns with our mission and fulfills our mandate,” the statement noted.
The NCA emphasised that this designation is not intended to “punish or stifle MTN’s operations” but rather to ensure a fair and competitive market environment.
The NCA reassured the public that the SMP status aims to foster a level playing field and safeguard consumer choice.
“We want to ensure that the market remains competitive and that consumers have access to a range of choices,” the statement continued.
It assured the public that it will “continue to work closely with all relevant stakeholders to ensure reliable internet access.”
Source: classfmonline.com/Elikem Adiku
Trending News
Defence Minister donates food items to Ghana Armed Forces
02:59John-Peter Amewu arrested over botched $2 million SkyTrain deal
13:14A-G uncovers multi-million dollar properties acquired by former NSB Director-General with state funds
02:47Ningo-Prampram MP secures emergency water relief, GWCL MD to visit for long-term solution
01:20Gov't redirecting dedicated funds from Agenda 111 projects – Amin Adam claims
02:03Collins Adomako Mensah calls for urgent probe into missing 1,300 ECG containers
12:02Gender Minister and MASLOC CEO support Kumasi fire victims with GHS100k donation
20:55Eid-ul-Fitr: Mon. Mar. 31, Tues. Apr. 1 declared public holidays
00:12Adum traders apologise for 'disrespectful' rejection of Muntaka's relief items, appeal for their return
01:06GA/R: No beds syndrome hits Weija Gbawe Municipal Hospital
11:50