The Government of Ghana and Bharti Airtel Ghana Holdings B.V., MIC Africa B.; operators of AirtelTigo, have concluded negotiations and signed an agreement to transfer its total shares of the Communication company to the Government of Ghana following the announcement of the company’s departure from the Ghanaian telecommunication market last year.
“This agreement transfers all customers, assets and agreed liabilities of AirtelTigo to the Government of Ghana. We consider this a positive step as it adds to the growing portfolio of digital infrastructure assets being utilized by the government” Hon Ursula added.
The Minister for Communication said, Government will operate this National asset in the best interest of the nation, the company, telecommunications industry, and ensure the protection of the interests of all employees, customers, contractors, suppliers, stakeholders and sustain the digital transformation of Ghana.
In a press statement released by the Ministry of Communication, sighted by jaknewsonline.com, The Centre Minister for Communications and Digitalization, Mrs. Ursula Owusu-Ekuful (MP) signed on behalf of the Government of Ghana, while Ms. Jatina Catharina Uneken-van de Vreede, Mr. Martin P Frechette, Mr. Timothy Pennington, Mr. Eric Nana Nipah and Mr. Vish Ashiagbor signed on behalf of the seller entities.
It is recalled that, in October 2020, Airtel and Millicom announced their fore intention of exiting the Ghanaian market and this agreement concludes the extensive negotiations between the parties to ensure a seamless transition and continued operation of AirtelTigo thereafter.
“The telecommunications sector is of strategic importance to the Government and it is critical the sector remains healthy, dynamic, vibrant and most importantly, competitive.
We are determined to make Ghana the digital hub of the Sub-Region and this acquisition is a step in the right direction” She said.
The Government of Ghana through the Communication Ministry will soon announce the outline measured steps in the acquisition and transfer ownership to the people of Ghana.