BMI View: Ghana’s telecoms operators have been penalised by the telecoms regulator in the last one year owing to poor quality of service. We expect this to drive investments in network infrastructure development to cope with the growing demand for voice and data services. However, we caution that the likelihood of tax increases on the sector would be a major disincentive for operators that are already hard-pressed by slowing revenue growth and rising operating expenses. Key Data ? The Ghanaian mobile market grew by 3.9% q-o-q in Q213, compared to 3.3% in the previous quarter. ? Mobile ARPU contracted by …
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