[ 2016-08-24 ]

Expresso ‘exit’: less harm to industry – Telecom Analyst
Telecom Analyst, Fouad Chalabi has downplayed any
significant impact of the possible exit of
Expresso on Ghana’s telecom industry.

He argues the telecom company’s market share is
quite negligible which will not adversely affect
operations within the sector.

“It has no effect because they do not have any
significant market share; it is not a big player
which will affect the industry,” he stated.

The National Communications Authority (NCA), last
week, intimated to Citi Business News, it has
commenced processes to revoke Expresso’s
license.

According to the Director for Engineering at the
NCA, Henry Kanor, the prolonged inactivity of
Expresso is affecting industry stakeholders and
creating a shortfall in the revenue targets of the
regulator and government.

The company has also been unable to find an
investor to turn around its fortunes.

Some analysts had also earlier warned that
Expresso risks folding up if it failed to
re-strategize its operations.

However Fouad Chalabi tells Citi Business News he
is highly confident the NCA will devise pragmatic
measures to compensate customers who will be
affected by the exit of Expresso.

According to him, customers will equally be
offered the opportunity to switch to other telecom
operators of their choice as the market is
competitive.

“This is where the NCA will play a role to
ensure that customers of the telecom company,”
he observed.

The Telecom Analyst added, “I think the NCA will
ensure by giving the right notice .When the
customers themselves know about this, they will
make the arrangement in order to be hooked unto
other operators.”

Expresso’s share of the telecom market as at the
first quarter of 2016, stood at 0.36 percent.

Source - citibsinessnews.com

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