Cabinet approves $82.4 million DDT contract for K-NET
Cabinet at its sitting last Thursday, approved an $82.4 million Digital Migration contract to be executed by a wholly-owned Ghanaian company, K-NET Limited.
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The migration to digital terrestrial television (DTT) will guarantee multiple TV channels, clearer pictures, better sound quality and offer more opportunities for advertisers and broadcasters.
K-NET is expected to complete the entire migration process in nine months, with the project divided into 3 phases.
A statement from the Flagsfaff House said Cabinet, at a previous sitting, approved the auctioning of spectrums to be freed from the migration to pay for the cost of the digital migration.
KNET's $82.4 million contract sum is $13 million cheaper than the $95 million StarTimes contract, which was terminated for non-performance.
K-NET Limited
Founded in 1996, K-NET is a wholly Ghanaian owned telecoms infrastructure company providing world-class telecoms services comparable to international best standards.
With a 100% network coverage in Ghana and footprints across sub-Saharan Africa, the Ghanaian company is also the major provider of connectivity services to over 50 radio stations and 30 TV channels in Ghana.
K-NET owns the biggest ISP infrastructure supporting Digital Terrestrial Television (DTT), Direct -to-Home TV (DTH) and Telecoms.
