Ghana government buys AirtelTigo
Officials of Bharti Airtel Ghana Holdings B.V. and MIC Africa B.V have finally concluded an agreement with the Minister of Communication and Digitalization, Ursula Owusu-Ekuful to officially transfer the shares of AirtelTigo to the Government of Ghana.
The signing of the agreement which took place in Accra following an extensive negotiation between both parties, now places the government of Ghana in a rightful position to assume full ownership of the second leading network operator in the country.
In a statement available to BizTech Africa, the Minister of Communications and Digitization, Hon Ursula Owusu-Ekuful said "We consider this a positive step as it adds to the growing portfolio of digital infrastructure assets being utilized by the government".
According to her, the government will operate AirtelTigo as a 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.
Mrs. Owusu - Ekuful in the statement also explained that the telecommunications sector is of strategic importance to the government, adding that 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,” the statement added.