https://www.youtube.com/watch?v=dhQmUU4-XzI?si=ptX-CQrkAQBIJeL0

In an investigation that spanned three countries and took several months, former Presidential spokesperson and bestselling author, Reno Omokri, has come out with an exposé documenting the exploitative practices of telecommunications giant MTN and their effect on the economies of multiple sub-Saharan countries.

The exposé traced the economic malaise now afflicting the Ghanaian economy partly to the monopolistic policies of MTN, which had led to an unprecedented capital flight from that beleaguered West African nation.

Last year, Ghana was forced to label MTN a monopoly and slammed heavy fines of $773 million on them for damaging the Ghanaian business environment. MTN went to court, but in October, it was defeated at the Appeals Court, which ruled that the Ghanaian government was right in its classification of MTN.

In Omokri's documentary, titled 'How MTN's Monopoly Destroyed The Ghanaian Economy. And Nigeria Is Next!', the renowned author, travelled to Ghana and interviewed government officials, chambers of commerce operatives, and labour union activists, as well as market women and ordinary Ghanaians.

Ordinary Ghanaians were observed lamenting the erosion of their personal economy by MTN, with a market woman saying, 'All of us in this country now work for MTN'.

Labour leaders complained about MTN's use of interconnectivity rates to stifle other telcos, forcing the government of Ghana to slam a fine of $773 million on MTN. MTN responded by suing the Ghanaian government but lost in court.

Omokri pointed out that whereas all the large and medium-sized African nations where MTN is operating have struggling economies, the fastest growing large economies in Africa, such as Ethiopia and Tanzania, both with an average 6% GDP growth rates, do not have MTN operating in their countries. He opined, with data, that this could not be coincidental.

In the documentary, Kevin Ekow Taylor, one of the most prominent journalists in Ghana, had this to say about MTN's monopolistic practices in Ghana:

"MTN is basically monopolising the system. They have taken advantage of the market too much. It is all because government upon government have given MTN too much room to cheat the Ghanaian."

Every day, an estimated $2 million leaves the Ghanaian economy to South Africa, MTN's home country. That is disastrous for a country with a GDP of less than $80 billion.

Omokri also travelled to Kenya and interviewed a well-known Kenyan activist, Bishop Wycliffe Khaemba, who said as follows:

"The type of things that are happening in Nigeria and Ghana in the telecoms sector can't happen in Kenya, because our government is alive to its responsibilities."

He was referring to Kenya's Information and Communications Act (Interconnection). This legislation is light years ahead of similar legislation in other African nations.

The Kenyan legislation specifically targets preventing a monopoly in the telecommunications industry by requiring "dominant providers to adhere to the principle of non-discrimination. A dominant interconnection provider is obligated to determine the interconnection charges based on objective criteria and to observe the principles of transparency and cost orientation. Failure to comply will result in the CA requesting the interconnection provider to adjust the charges or risk the imposition of a default interconnection charge by the CA."

Omokri's documentary, which has since gone viral, features a prominent U.S. Mayor, Mike Arnold, the elected mayor of Blanco, Texas, who urged Nigeria and Ghana to look inwards, rather than outward to foreign goods and services, especially in the telecommunications sector.

Posted By Reno Omokri On X (Formerly called Twitter)

MTN
Wan
Kill
Glo
With
This
Format

If
Not
For
Glo
Only
Politicians
Would
Have
SIM cards

I
Have
About 100k of bonus to call other network and even roll over weeks.
Mtn does not roll over bonus credit,

DSTV
already
Killed
hiTv
Startimes

Hate them or love them...

One thing you can't take away from mtn is that they are reliable in the service they provide.

Most times the other networks they compete with are cheaper - calls and data. But you cannot help but rely on the mtn. Just recently I bought another network chip but I can't even use it because it's unreliable or unstable most times.


Monopolies tend to be exploitative. The aim of business is to make as much profit as is possible. Businesses will take advantage of loopholes in the system.

The government should be alive to it's responsibilities of ensuring laws are in place to limit the excesses of these companies in a proactive way.



Mtn obviously didn't go to any country to play!

This is what omokri use to celebrate his 50 years birthday

Useless Clown.

So finally you're tried of calling PO.
PO really finished you with silence.

This white bearded goon again. Come straight and tell the Drug Lord that he has failed woefully not beating around the bush. Hypocritical goat!

Assuming it was Obi that's failing this way you would have gotten a ring light and be dropping videos on why you never supported him back to back but now we have to blame MTN for the economy that's in shambles and not the incompetent Iragbiji mandate thief

I get his point but aot of things ruined the economy of Ghana and it predated the arrival of MTN in Ghana.

It is absolutely impossible for MTN to ruin our economy in Nigeria. Not even Dangote nor Shell Nigeria could ruin Nigeria let alone a fellow African foreign company.
God bless Nigeria for ever! Check my signature for free stuffs!

Ok

Hmm
Prophet Reno have spoken.

What is this guy's job again?

If Glo gives quality service all year round, they would be worthy competitors. However, I remember how many times I've subscribed on my Glo sim but was unable to use it due to poor network.

Similarly, in over eight years I've never had a single issue with Stanbic Bank (owned by Standard group) but I had to stop using my Zenith and Access banks due to horrendous service.

Nothing but true.
We must forever be thankful to GLO. We knew this. Infact,if not GLO minimum MTN recharge card could have been #500.

Interesting Exposure, when they finish with MTN, Then they move to DSTV. Funny how South Africans will not allow this kind of monopoly in their own country.

I agree

Nigerian version of xenophobia loading....

The Mockery

Reno is only looking for money. He has left PI to face MTN.

Dangote comes to mind

Borrow222:
Useless Clown.

So finally you're tried of calling PO.
PO really finished you with silence.

What exactly is wrong in what he said?

Reno represents the truth. Stop hating unnecessarily.

I hardly recharge my MTN SIM card.

Now everybody dey form BBC releasing documentaries

brain54:
Hate them or love them...

One thing you can't take away from mtn is that they are reliable in the service they provide.

Most times the other networks they compete with are cheaper - calls and data. But you cannot help but rely on the mtn. Just recently I bought another network chip but I can't even use it because it's unreliable or unstable most times.


Monopolies tend to be exploitative. The aim of business is to make as much profit as is possible. Businesses will take advantage of loopholes in the system.

The government should be alive to it's responsibilities of ensuring laws are in place to limit the excesses of these companies in a proactive way.



Mtn obviously didn't go to any country to play!

MTN reliable?

That is the quality of Midas Touch Entrepreneur, MTN has what others don't have (they care about the little things which is a quality customer care service & seamless connectivity that other telcos overlook while the same can't be said about others like GLO, Orange, e.t.c ) . MTN does it well that is why they are controlling the sub-Saharan Africa market

Noted.

F

DEXTROVERT:
MTN
Wan
Kill
Glo
With
This
Format

If
Not
For
Glo
Only
Politicians
Would
Have
SIM cards

I
Have
About 100k of bonus to call other network and even roll over weeks.
Mtn does not roll over bonus credit,

DSTV
already
Killed
hiTv
Startimes

Startimes is still alive
HiTv like TSTV killed itself

AnonPoet:


Posted By Reno Omokri On X (Formerly called Twitter

also travelled to Kenya and interviewed a well-known Kenyan activist, Bishop Wycliffe Khaemba, who said as follows:

"The type of things that are happening in Nigeria and Ghana in the telecoms sector can't happen in Kenya, because our government is alive to its responsibilities."

Is our government know what to do or implications of their activities than to collect bribe from them

brain54:
Hate them or love them...

One thing you can't take away from mtn is that they are reliable in the service they provide.

Most times the other networks they compete with are cheaper - calls and data. But you cannot help but rely on the mtn. Just recently I bought another network chip but I can't even use it because it's unreliable or unstable most times.


Monopolies tend to be exploitative. The aim of business is to make as much profit as is possible. Businesses will take advantage of loopholes in the system.

The government should be alive to it's responsibilities of ensuring laws are in place to limit the excesses of these companies in a proactive way.



Mtn obviously didn't go to any country to play!

let other networks improve on their services... Haha...