Telecom giant, Vodafone Group Plc has completed the transfer of its 70% greater share in Vodafone Ghana (Ghana Telecommunication Company Limited- GTCL), to the Telecel Group after effectively obtaining every one of the vital regulatory approval, including the agreement of the Government of Ghana, as a minority investor.
An statement disclosed that this is the latest major change for the Ghanaian telecommunications company beginning around 2008 when Vodafone Group purchased a controlling interest in GTCL and laid out Vodafone Ghana.
Telecel is an Africa-focused telecommunication company established in 1986, operating primarily in Africa and merging telecommunication with fintech, e-commerce, and tech new companies.
"The completion of the agreement to get Vodafone Ghana by Telecel Group presents a opportunity for additional innovation and proceeded with delivery of unrivaled service to Ghanaians," the company noted in the statement.
Telecel in the statement added that "operation of Vodafone Ghana and its three subsidiaries; National Communication Spine Company Limited (Vodafone Wholesale), Vodafone Ghana Mobile Financial Service Limited (Vodafone Cash), and the Vodafone Ghana Foundation, will proceed with tasks uninterrupted while embracing exciting new opportunities".
"This acquisition is a testament of our enthusiasm and positive perspective for the Ghanaian market, which
we view as an imperative market with limitless potential for digitalization and innovation in Africa. Telecel Group is anxious to create and present reasoning contributions to our supporters, ventures, and networks in Ghana. We anticipate a change excursion of Vodafone Ghana with the commitment and development of its human resources," expressed Malek Atrissi, Telecel Group's COO.
Vodafone Ghana assured its customers and partners of their unflinching commitment to continuity across all services and products.
Vodafone Ghana's Chief, Patricia Obo-Nai said: 'We are completely dedicated to conveying greatness across all aspects of the business and furnishing our customers with inventive products and service. We embrace this change as a chance for us to explore very interesting areas of growth."
In the mean time, the National Communications Authority in a different statement said, despite the fact that it has given approval for Telecel's takeover of Vodafone Ghana, "The Authority will keep on guide the takeover cycle as per the current permit states of Vodafone Ghana, while ensuring that the interests of buyers are held vital. The NCA further assures the public that fair treatment will be continued in light of a legitimate concern for all gatherings".
