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Ghanaians own MTN now-Sam Koranteng

By: Ewoenam Kpodo | Voltaonlinegh.com |

Corporate Services Executive of MTN Ghana, Mr. Samuel Koranteng has described as a success subscription to the company’s Initial Public Offer (IPO) which commenced on March 29 and closed on July 31 this year making the company the first in the country to have listed on the Ghana Stock Exchange (GSE).

The IPO was to allow the telecommunication company fulfill a regulatory obligation regarding the purchase of one of the 4G spectrum licenses in 2015 and to give Ghanaians and the general public the opportunity to own 35 per cent of its shares.

Mr. Koranteng in an interview on Thursday at an editors’ forum in the Volta regional capital, Ho, said MTN exceeded the expectation rate of IPOs and added that though the company is an international one, it is right to say it is owned by Ghanaians.

“Now, MTN is not just owned by a multinational. It’s owned in excess of 128,000 Ghanaians and in terms of our outlook, we’re now listed on the Ghana Stock Exchange so we have become an international company with firm roots.”

The MTN editors’ forum is an annual meeting of the telecommunication giants with editors in the ten regions of the country to talk about their yearly plans, successes, and challenges and to solicit feedback from them in a bid to bettering their services to customers.

Presentation of souvenirs to some participants

The Corporate Services Executive on the company’s social responsibility activities, mentioned that MTN is focused on education, health and economic empowerment with several of such projects being carried out across nationwide.

He said the company has recently introduced MTN Bright scholarship Award Project to give 300 brilliant but needy students the opportunity to go through tertiary education for 3 years with the first set of 100 beneficiaries already awarded.

The worth of the scholarship covers their tuition fees, accommodation, and a stipend of Gh₵500 per semester which caters for books and other learning materials.

The Zonal Manager for MTN Mobile Money (Momo), Mr. Eric Yeboah Asiamah in reacting to questions of upsurge in frauds against Momo subscribers, said customers must be alert of such fraudulent activities so as not to fall victims to the fraudsters.

He cautioned against believing social engineering tactics the fraudsters employ to rob people of their monies adding, if they are in doubt or suspect such activities, they should call MTN office for complaints and the necessary action. He disclosed the company had followed on such complaints and had been successful in prosecuting and punishing some of these culprits.

Source: www.voltaonlinegh.com

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