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GSE-CI14,873.11 0.00%GSE-FSI1,745.04 +2.81%MTNGHGH₵2.45 +1.66%GCBGH₵6.85 -0.72%EGHGH₵8.25 +1.85%SCBGH₵24.50 +1.66%CALGH₵0.38 -7.32%SOGEGHGH₵1.35 +1.50%ACCESSGH₵4.10 +1.23%RBGHGH₵0.72 +2.86%EGLGH₵3.20 +2.56%SICGH₵0.44 +2.33%FMLGH₵5.20 +0.39%UNILGH₵14.50 +2.11%GGBLGH₵3.10 +1.64%PZCGH₵0.68 +1.49%GOILGH₵1.55 +1.97%TOTALGH₵9.40 +1.08%TLWGH₵16.80 -1.75%BOPPGH₵22.50 +0.90%AYRTNGH₵0.11 0.00%MACGH₵5.40 0.00%ADBGH₵5.06 0.00%AGAGH₵37.00 0.00%ALWGH₵0.10 0.00%ASGGH₵8.87 0.00%CLYDGH₵0.03 0.00%CMLTGH₵0.10 0.00%CPCGH₵0.02 0.00%DASPHARMAGH₵0.40 0.00%DIGICUTGH₵0.09 0.00%ETIGH₵0.15 0.00%HORDSGH₵0.10 0.00%IILGH₵0.04 0.00%MMHGH₵0.11 0.00%GSE-CI14,873.11 0.00%GSE-FSI1,745.04 +2.81%MTNGHGH₵2.45 +1.66%GCBGH₵6.85 -0.72%EGHGH₵8.25 +1.85%SCBGH₵24.50 +1.66%CALGH₵0.38 -7.32%SOGEGHGH₵1.35 +1.50%ACCESSGH₵4.10 +1.23%RBGHGH₵0.72 +2.86%EGLGH₵3.20 +2.56%SICGH₵0.44 +2.33%FMLGH₵5.20 +0.39%UNILGH₵14.50 +2.11%GGBLGH₵3.10 +1.64%PZCGH₵0.68 +1.49%GOILGH₵1.55 +1.97%TOTALGH₵9.40 +1.08%TLWGH₵16.80 -1.75%BOPPGH₵22.50 +0.90%AYRTNGH₵0.11 0.00%MACGH₵5.40 0.00%ADBGH₵5.06 0.00%AGAGH₵37.00 0.00%ALWGH₵0.10 0.00%ASGGH₵8.87 0.00%CLYDGH₵0.03 0.00%CMLTGH₵0.10 0.00%CPCGH₵0.02 0.00%DASPHARMAGH₵0.40 0.00%DIGICUTGH₵0.09 0.00%ETIGH₵0.15 0.00%HORDSGH₵0.10 0.00%IILGH₵0.04 0.00%MMHGH₵0.11 0.00%

Telecom

A concentrated sector on the GSE — MTN Ghana is the only listed operator. Revenue tracks data consumption, mobile-money (MoMo) growth, and increasingly the e-levy policy environment.

Market cap
GH₵30.2B
32.2% of listed market
Average 1y return
equal-weighted across 1 names
Average dividend yield
7.35%
trailing, equal-weighted
Liquidity
4.0/10
average grade

Industries within telecom

Mobile Network Operator

1 name

All 1 listed names in telecom

TickerIndustryPriceDay %McapYieldLiquidity
MTNGH
MTN Ghana
Mobile Network OperatorGH₵2.45+1.66%30.2B7.35%D

What to watch

ARPU (average revenue per user), MoMo transaction growth, e-levy collection trends, active data subscribers, and capex intensity relative to cash flow.

Policy-maker & analyst lens

Telecom revenue is an economy-wide bellwether — when consumers cut back on airtime or MoMo volume softens, formal-sector household income is likely under pressure. E-levy design choices are a tax-base decision with second-order effects on financial inclusion.

Sector analysis is editorial and data is end-of-day. Not investment advice. See all sectors · macro dashboard · global economic context.