How To Borrow Credit On MTN In Ghana

Mobile telecommunication companies have made it possible for customers to get credit during odd hours as well as in difficult times.

Imagine going out of call credit at around 3 am when you need to make an important call to someone for help urgently.

All the mobile networks in Ghana provide this service and in this article, we will be taking a look at how you can borrow credit on MTN in Ghana.

Borrowing Credit on MTN In Ghana

Borrowing credit on MTN in Ghana is a very simple thing to do, and this can be achieved in some simple steps. These steps are;

  • Dial *506#
  • You will be given the amounts you can borrow in the next window, however, if you are not satisfied with the amount you are given, you can press option ‘3’ to see the advanced options provided.
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How to check the information of your borrowed credit

Well, there is a way you can as well check the information of your borrowed credit and you can do so via the same short code, *506#. After dialing the number, press option ‘6’ and once the window opens, you choose the information option you would like to see.

About MTN

MTN Group Limited, formerly M-Cell, is a South African multinational mobile telecommunications company that operates in a number of African and Asian markets.

Its headquarters are in Johannesburg. MTN had 280 million subscribers as of December 2020, making it the world’s eighth largest mobile network operator and the largest in Africa.

Active in over 20 countries, Nigeria accounts for one-third of the company’s revenue, with a 35% market share.

In Ghana, the number of subscribers using MTN is 17,790,000. MTN Ghana launched its initial public offering in 2018. (IPO). The IPO concluded on July 31, 2019. Qualifying applicants were offered up to 4,637,394,533 ordinary shares of MTN Ghana, representing 35% of its equity.

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This was part of an agreement signed in November 2015 between MTN Ghana and Ghana’s National Communications Authority (NCA) for MTN Ghana to deploy 4G LTE mobile services to its customers in Ghana. MTN mobile money, among other payment methods, was included as a payment option for the MTN share offer subscription.

This was the first time mobile money was used as a payment method in an initial public offering. MTN was also the first telecommunication company to be listed on the Ghana Stock Exchange (GSE).

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