Accra, May 10, 2018 – AirtelTigo congratulates the Bank of Ghana, the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) and all stakeholders on the implementation of Mobile Money Interoperability.
“We welcome this giant step which will help our customers and all Ghanaians to enjoy increased convenience to send and receive money from one mobile wallet to another across networks in real time and reduce fraudulent transactions,” said the CEO for AirtelTigo, Ms Roshi Motman.
“We believe this implementation will play a key role in enhancing the use of mobile financial services and deepen financial inclusion,” she added.
She encouraged innovation in the industry and said the company will continue to collaborate with the regulator – the Bank of Ghana and all other stakeholders to ensure the principles for interoperability are achieved.
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On March 3, 2017, Millicom International Cellular S.A., ‘Millicom’ and Bharti Airtel Limited ‘Airtel’, announced their intent to merge their operations in Ghana. This was subsequently approved by the regulator, the National Communications Authority on October 2, 2017. As per the shareholders agreement, Millicom and Airtel have equal ownership and governance rights in the combined entity which has been rebranded as AirtelTigo. AirtelTigo is the second largest Mobile Network Operator in Ghana with a combined customer base of approximately 10 million.
By integrating the two networks, the combined business is expected to provide Ghanaian customers with a major boost in both rural and urban network coverage – in turn translating into better voice quality, high speed data services and reinforced network stability and resilience. With the combined fibre footprint and increased data centres, enterprise customers including both, large corporations and SMEs, would have access to a diverse portfolio of world class solutions. Mobile Financial Services is also expected to be greatly enhanced with combined agent networks and platforms.