Sources within the telecom industry have hinted that the license of Kasapa Telecom Limited, operators of Expresso telecom brand in Ghana will not be renewed after it expires in 2019.
Deputy Director, Engineering at the National Communications Authority, (NCA) Edmund Yirenkyi Fianko dropped a hint on Ghana Day at the just ended ITU Telecom World Conference in Busan that the regulator had told one telco that their license will not be renewed after it expires.
Even though he did not mention the name of which telco it was, highly placed sources within the industry has confirmed it is Expresso.
The source said NCA has written officially to Kasapa in line with a three-year notice rule to inform them about the decision not to renew their license when it expires.
But the source said per the rule, if the company is able to get an investor and turn around its fortunes within the three years, it could convince the regulator to renew the license on expiry.
Credit: Adom News