Telecel cleared to acquire 70% stake in Vodafone Ghana. What’s next?

By Jonas Nyabor
Posted on Tuesday, 17 January 2023 10:10

REUTERS

Telecel Group’s acquisition of a 70% stake in Vodafone Ghana was given the all-clear following a regulatory setback last year. What are the expected steps to complete the transaction?

Ghana’s regulator, the National Communications Authority, granted approval for the transfer of Vodafone International Holdings BV’s majority stake in Vodafone Ghana to Telecel Group on Monday. This follows the presentation of a revised purchase proposal by Telecel, whose initial proposal was rejected.