Ghana Gov't signs agreement for AirtelTigo ownership

The government of Ghana has entered into an agreement with AirtelTigo for transfer of ownership of the telecommunications company to the state.

The government and the parent companies of AirtelTigo, Bharti Airtel Ghana Holdings B.V., MIC Africa B.V signed the transfer agreement,  after they concluded negotiations to transfer the shares of the company to the Ghana government.

This followed the announcement of the company’s departure from the Ghanaian market in 2020.

The new arrangement was made known via a press statement issued by the Minister of Communications and  Digitalisation, Mrs Ursula Owusu-Ekuful on  Friday, April 16, 2021.

This agreement transfers all customers, assets and agreed liabilities of AirtelTigo 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," Mrs Owusu-Ekuful stated.

She explained the government will operate the 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.