Government Takeover Airteltigo

Following the announcement of the company’s exit from the Ghanaian market last year, the Government of Ghana and the parent companies of AirtelTigo, Bharti Airtel Ghana Holdings B.V. and MIC Africa B.V., have concluded negotiations and signed an agreement to pass the company’s shares to the Ghana Government.

This arrangement transfers all of AirtelTigo’s clients, properties, and agreed-upon liabilities to the Government of Ghana.

“We consider this a positive step as it adds to the growing portfolio of digital infrastructure assets being utilised by the government,” a government statement 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.”

Mrs. Ursula Owusu-Ekuful (MP), Minister of Communications and Digitalisation, signed on behalf of the Ghanaian government, 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 agencies.

Similar Articles

Most Popular