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The richest man in Asia, Mukesh Ambani, with a net worth of $92 billion has set his eyes on the African market by moving to invest in Ghana’s telecom market.
The move includes a partnership with an indigenous Ghanaian telecom project to improve telecommunications in the country through 5G tech solutions.
Radisys Corp., a subsidiary of Ambani’s Reliance Industries Ltd will enter a partnership with Ghana’s Next-Gen InfraCo (NGIC) where Ambani’s Radisys Corp will supply NGIC with essential network infrastructure, applications, and smartphones.
The collaboration includes Ascend Digital, K-NET, Radisys, Nokia, Tech Mahindra, and telecom companies AT Ghana and Telecel Ghana.
These partners have established the Next-Gen Infrastructure Company (NGIC), which has secured a 5G licence and plans to roll out services across the West African country within the next six months, with future expansion to other parts of the continent.
NGIC will be the first entity to develop a nationwide 4G/5G network, working with telecom operators to offer affordable 4G/5G-enabled devices within the year.
“The creation of a shared 5G Mobile Broadband Infrastructure is critical for delivering affordable, high-speed data access to the people of Ghana and help achieve our digital Ghana vision,” Tech Focus 24 quoted minister for communications and digitalisation, Ursula Owusu-Ekuful, as saying.
NGIC will support digital services in education, healthcare, and financial transactions to reduce the digital divide and promote financial inclusion. Tech Mahindra will construct a Cloud Native Core Network, and the initiative will draw on India’s successful model of affordable digital platforms.
“Ghana holds immense potential for mobile broadband growth on the back of an unmet demand for connectivity,” said Mikko Lavanti, senior vice president of Nokia Middle East and Africa. “Establishing an Open Access Network like NGIC will foster innovation and create numerous opportunities across various sectors.”
Source: Daily Mail GH
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