Glo Facing Serious Challenges; Surfline ‘Folding Up’ – Communications Minister Discloses | Technology

Minister for Communications and Member of Parliament (MP) for Ablekuma West constituency, Ursula Owusu has mentioned Globacom Restricted, generally referred to as Glo, a Nigerian multinational telecommunications firm is going through challenges and Ghana’s first 4G LTE firm, Surfline a quick and dependable web service supplier can be folding up.

Based on her operational challenges and price of doing enterprise has taken a toll on the businesses.

“When you take out MTN, and perhaps Vodafon and AirtelTigo, nearly all the opposite telecom operators are struggling . . . with Glo they informed us over a yr in the past that they’d love to alter their operations as a result of they’re in search of somebody to cushion them, however within the meantime they wished to cut back their operational bills. In order that they acquired into an association with AirtelTigo so their prospects will roam on AirtelTigo community . . . for now Glo remains to be doing due deligence with the federal government to know which choice to take in regards to the firm, they have not finalized it so we’re nonetheless ready for them,” she defined to Kwami Sefa Kayi on Peace FM’s ‘kokrokoo’ programme Friday morning.

With Surfline it’s in an analogous state of affairs as Glo.

“Through the years they’ve had challenges . . . we’ve got been conscious they’re in search of strategic investments and partnerships, we have been serving to them rather a lot however the conversations did not materialize . . . so for now their expenditures and money owed outweigh their revenues and price of offering companies. Though they should not have shut down their information centres regardless of the regulator, I’ve heard they’ve accomplished that . . . so I’ve requested NCA to work with them to attenuate the influence on their subscribers . . . it’s within the means of folding up . . .” Ursula Owusu mentioned.