Telecel battling regulators to acquire Vodafone Ghana

This week, Vodafone Group has reportedly agreed the sale of its 70% stake in Vodafone Ghana to smaller African player Telecel.
 
Telecel currently owns and operates a number of mobile operators in African and Europe, as well as providing wholesale, enterprise, and digital security services to other operators and businesses worldwide. The company has already made investments in Ghana as part of the Africa Startup Initiative Program “ASIP”.
 
While the financial terms of the deal are so far undisclosed…

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