Tag: Telecel
-
Telecel Group acquires controlling stake in Vodafone Ghana, signaling new era of innovation and growth
Telecom giant Vodafone Group Plc has concluded the sale of its 70% controlling stake in Vodafone Ghana (Ghana Telecommunications Company Limited – GTCL) to Telecel Group, following regulatory approval and the agreement of the Ghanaian Government, as a minority shareholder. The move marks the most significant development for the Ghanaian telecoms firm since 2008 when…
-
Attorney General okays sale of Vodafone Ghana to Telecel
After scrutinising documents relating to the transfer of shares in the sale of Vodafone Ghana to Telecel, the Attorney General has given clearance for the transaction. The Finance Ministry had earlier written to the Attorney General with a request for a review of all relevant transaction documents on the transfer of 70 per cent majority…
-
We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel
International telecommunications firm, Telecel Group, says it is willing to re-engage government to get the clearance to acquire Vodafone PLC’s operations in Ghana, following earlier hurdles. Last week, news broke about Vodafone Group’s intention to exit Ghana’s telecom market to enable it re-focus on its key markets. The British telecommunication giant had agreed to offload…