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
Kofi Job Construction CEO donates to 1,000 widows and vulnerable individuals
00:51Zoomlion employees honoured for dedication at end-of-year party
01:01ORAL Is not a witch-hunting committee – Mahama
15:59Ghanaian citizen sues Wesley Girls’ SHS for allegedly denying Muslim students right to practise their religion
01:43#2024Polls: Patrick Yaw Boamah secures victory in Okaikwei Central after EC's re-collation
00:51#2024 Polls: EC nullifies Parliamentary results for Dome Kwabenya, 2 others
16:48Wisdom, strength, and God's blessings for our new leaders – Akufo-Addo congratulates Mahama, MPs-elect
01:27Akufo-Addo blames NDC leadership for post-election chaos
00:42Support us in carrying out our mandate – EC to citizens
15:31Take firm action against threats to our country's stability, harmony – Akufo-Addo to Security Services
01:14