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Telecel Group has confirmed the signing of a Sale and Purchase Agreement (SPA) with Vodafone to acquire a 70% stake in Vodafone Ghana. The agreement is currently pending regulatory approval. Telecel Group and Vodafone have been in touch with Ghana’s Ministry for Communications, Bank of Ghana, and the National Communications…
Telecel Group announced it has opened dialogue with the Ghanaian government to acquire Vodafone’s unit in the country after the country’s regulator revealed it has not approved the deal.
Business Mogul Moves To Secure Vodafone Ghana Shares In All-Cash Deal
There are fears among a cross-section of workers of VODAFONE Ghana about potential job losses when the deal to offload its 70 per cent stake to Telecel Group. When Vodafone Group first took over from Ghana Telecom, there were assurances from the government to protect workers of the company but…
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