Telcos ‘wasted’ $4.5m on fibre cuts

The Telecoms Chamber wants infrastructure of its members treated as critical national assets as it reels from massive damage to fibre-optic cables. Millions of dollars were spent on fixing damages caused to telecoms fibre in 2018. Fibre cut in Ghana is “very extensive”, Ken Ashigbey, Chief Executive of Telecoms Chamber said on TV3’s Business Focus on Monday. He said telecommunications companies spent a whopping “4.5 million dollars last year to fix fiber cuts”. The development, he said, is seriously impeding on expansion drive by the telcos. Mr. Ashigbey also said cell sites are also being “invaded” be people. Telecos are working with stakeholders such as the National Communications Authority and the Ministry of Communications “to classify telecommunications infrastructure as critical national infrastructure”, he stated. He is hopeful the classification would go a long way to ensure that their infrastructures are protected. Cash Cow Mr. Ashigbey is not happy that telcos are seen as a “cash cow”, explaining why they are being overtaxed in his view. Telecommunications companies, he said, contribute 40% of the total tax government get as revenue. He called for more engagements with government to see how the state can rather leverage on their services to rake in more revenue. Telecoms Chamber has proposed, among others, to government to infuse into the 2020 budget, a way of digitizing everybody to ensure proper tracking of persons who pay tax and those who don’t pay tax. Source: 3news.com | Ghana]]>