Telecom Inventory

Bringing you the latest news and features on the in's and out's of the Telecom Industry.

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The Ghanaian subsidiary of South African mobile telecom group MTN has raised a syndicated loan worth $276 million at current exchange rates to finance network expansion, its director said on Wednesday.

MTN Ghana managing director Michael Ikpoki told Reuters that some 16 local banks, led by Stanbic Bank Ghana would provide 410 million cedis, in addition to $60 million from four foreign banks.

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