Ghana: “Data is the new oil”
As the telecommunications sector has shifted from voice to data over the last couple of years, there are still countries in Africa that haven’t fully utilized its potential. One such nation is Ghana, according to Chief Executive Officer of Ghana Chamber of Telecommunications, Kwaku Sakyi-Addo.
Chief Executive Officer of Ghana Chamber of Telecommunications, Kwaku Sakyi-Addo, said that data still needs to be tapped in the sector.
Sakyi-Addo pointed out that Ghana has made a number of strides in voice communication, but considering the fact that smart devices are becoming cheaper, data growth in Ghana still needs to reach its full potential.
“The gaps that I’ve described represent opportunity for even greater growth. If we consider the prospects that exist for cheap smart devices – smartphones, tablets and phablets – and the overall potential for growth in demand for data, then we have seen nothing yet. Data is the new oil”.
According to Ghana’s The Chronicle, “he explained that telecom companies and businesses in the ecosystem would need to invest more, not less. This requires a policy posture that is supportive; a policy body language that encourages. Sakyi-Addo, therefore, called for a regulatory environment that is predictable and provides clarity; one that balances the just demands of consumers with the recognition that operators are not hermetically cocooned or immune from, or unaffected by, their external environment.”$
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