Vodafone Ghana says it is rolling
new cell sites and upgrading existing ones to offer its 4G LTE subscribers more
“There are some cell sites that
are congested today because we did not expect that kind of response from our
customers,” Yolanda Cuba, immediate past Managing Director of Vodafone Ghana said.
Speaking in a pre-departure
interview with a section of the media in Accra she said the company expected
some challenges with the rollout of the 4G but was working around the clock to
speed of the 4G currently Ms Cuba said, “It’s absolutely a work in progress.
The network is just about a week old. We anticipate about three months of stabilisation
and optimisation of the network.”
the company was very optimistic of offering customers the best of services and
Balance sheet restructuring
She said the
company had completed the restructuring of its balance sheet to offer the
company a new lease of life.
She said the
two shareholders of the company which are the government of Ghana and the
Vodafone Group agreed to convert some of the company’s debt into equity adding
that the move would help the company to grow.
finally actually got the balance sheet restructured. We have converted all the
debt into equity. Most of our debt is now equity. So we have moved from what is
technically insolvent position to a solvent position. Our balance sheet is now
on a healthy footing,” she said.
achievements during her tenure of office she said, “I think my three years in
Ghana has been fantastic, to be honest and I’ve enjoyed every minute of them.
It’s not obviously been without challenges.”
said with her leadership and supports from her team the company’s subscriber
base was now above 10 million.
4G launch has been really a great accomplishment because together with the
team, we really started off three years ago trying to acquire the license and
finally seeing it launch has been a great thing for us,” she said.
Yolanda also cited the re-launch of the company’s strategy and mission to
position the company as the leading technology igniting Ghana’s digital
revolution as one great achievement.
& way forward
her thoughts on the challenges confronting the industry and the way forward she
said, “I would like to see closer working relations with the regulator, policy
makers, the ministry and all the players in the market.”
said players in the industry could share their resources to cut down cost and
serve underserved areas in the country.
“I lay fibre here and my competitor lay fibre
right next door, but yet, there are areas that do not have fibre at all. It
does not make sense in a country where we are constrained from the capital
perspective. I don’t think it does, that’s why I believe in working together.
Other countries have problems in different ways for example, New Zealand
actually have this module where government said we are actually going to have
one rollout of fibre, that’s it. Other countries have gone with modules when
they said, “We will force sharing of infrastructure. You compete for customers
but you don’t compete for infrastructure”.
Ms Yolada expressed optimism that Vodafone would double its market share and continue to offer the best in the market to customers.
By David Adadevoh
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