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MTN seeks legal redress over NCA SMP decision

Telecommunication giant, MTN says it is headed to the courts to seek legal redress over the National Communication Authority’s decision to declare it a Significant Market Power (SMP).

MTN in a press release said although it acknowledges the NCA’s duty and powers to promote fair competition amongst licensed operators in Ghana’s telecommunications sector, the manner of the recent declaration raises concerns about clear procedural breaches and substantive issues.

According to MTN, the declaration means that special regulatory restrictions would be enforced to potentially limit its growth, performance, innovativeness and its competitiveness in the telecoms market.

However, the company says it remains “open to dialogue to achieve an amicable resolution to this matter”.

Source:Fiilafmonline/Graphic

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