The government of Ghana has signed an agreement with telecommunications company AirtelTigo for the transfer of ownership to the state.
The government of Ghana and the parent companies of AirtelTigo, Bharti Airtel Ghana Holdings B.V., MIC Africa B.V signed the transfer after they concluded negotiations to transfer the shares of the company to the Ghana government.
The transfer of ownership comes after AirtelTigo in June 2020 announced its decision to exit the Ghanaian market.
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 utilized by the government,” Communication Minister Mrs. Ursula Owusu-Ekuful stated.
Mrs. Ursula Owusu-Ekuful signed on behalf of the government of Ghana, 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 entities.
