Stay updated with breaking news from Telecel Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Ghanaian National Communications Authority has blocked Vodafone’s sale of its Ghana unit to rival Telecom Group, stating the operator did not meet regulatory standards for the green light.
Telecel Group To Take Over Vodafone Ghana In $500M Deal
Vodafone Group agreed to sell its majority shareholding in the company’s unit in Ghana to Telecel Group subject to conditions.
Vodafone Group has reportedly agreed to sell off a majority stake in its Ghana unit to rival Telecel Group, a move to refocus on key markets, Bloomberg reported.
Vodafone Plc has agreed a sale of its operations in Ghana to Telecel Group, as the British telecommunications giant looks to refocus on key markets. The London-listed company will sell its majority stake in Vodafone Ghana to Africa-focused Telecel, subject to certain conditions, a spokesperson for Vodafone said in an…