Wednesday 2 July 2008

Ghana Telekom

Rumours in Ghana are that Vodafone will seal a $960m deal to acquire
a controlling stake in Ghana Telecom.

Vodafone has reportedly concluded negotiations with the Ghanaian government to acquire a 66.7% in the company according to an unnamed source
at the Ministry of Finance and Economic Planning.

Ghana Telecom's wholly-owned GSM provider Onetouch had a customer base of
1.4 million at the end of Q1 2008, while Ghana Telecom's fixed-line
network comprises around 360,000 connections.

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