The Minister of Communications and Digitalisation, Ursula Owusu-Ekuful has assured that the interest of workers, customers, contractors, suppliers, stakeholders will be protected after the Government of Ghana and mother companies of AirtelTigo, Bharti Airtel Ghana Holdings B.V. and MIC Africa B.V signed an agreement to transfer the shares to the Ghana Government.

Ursula Owusu-Ekuful signed on behalf of the Government of Ghana, while Jatina Catharina Uneken-van de Vreede, Martin P Frechette, Timothy Pennington, Eric Nana Nipah and Vish Ashiagbor signed on behalf of the seller entities.

“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.”
In October 2020, Airtel and Millicom announced that they were exiting the Ghanaian market and this agreement concludes the extensive negotiations between the parties to ensure a seamless transition and continued operation of AirtelTigo thereafter.

“The telecommunications sector is of strategic importance to the government, and it is critical the sector remains healthy, dynamic, vibrant and most importantly, competitive.

“We are determined to make Ghana the digital hub of the subregion and this acquisition is a step in the right direction,” the government said in a statement.