Vodafone Ghana

Vodafone Ghana Officially Transitions To Telecel

Vodafone Ghana Officially Transitions To Telecel

In a significant development within the telecommunications sector, Vodafone Ghana has officially transitioned to Telecel Ghana, marking a strategic move to expand economic access to communication services across the country. Telecel Ghana has now assumed control over various operations previously managed by Vodafone, including fixed telephone lines, internet services, voice and data services, as well as cash transfer and other business services. This transition follows the acquisition of a 70 per cent majority stake in Vodafone Ghana by Telecel Group. During the official rebranding ceremony, the CEO of Telecel Ghana, Patricia Obo-Nai, emphasized the commitment to innovation and digital inclusion…
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Ghana Gives Final Approval For Sale Of Controlling Stake In Vodafone To Telecel

Ghana Gives Final Approval For Sale Of Controlling Stake In Vodafone To Telecel

Ghana has given the final approval for the transfer of the 70 percent majority shares in Vodafone Ghana (Ghana Telecommunications Company Limited) held by Vodafone Group Plc to Telecel Group. The approval for the sale was given after Telecel submitted a revised financial and technical proposal in December 2022. The sector regulator, the National Communications Authority (NCA) had turned down an initial sale plan submitted by Vodafone Ghana early last year as it did not meet required regulatory standards. The NCA said that the revised proposal provided more clarity on funding required for the transaction and met the regulatory threshold. Telecel's plans Senior officials of Telecel say they intend to use…
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Telecel Group Acquires Majority Shares In Vodafone Ghana

Telecel Group Acquires Majority Shares In Vodafone Ghana

Vodafone Group Plc has completed the transfer of its 70% majority shares in Vodafone Ghana to the Telecel Group. This was after successfully obtaining all the necessary regulatory approvals, including the agreement of the Government of Ghana, as a minority shareholder. This is the most recent major change for the Ghanaian telecommunications company since 2008 when Vodafone Group Plc purchased a controlling interest in GTCL and established Vodafone Ghana. Telecel is an Africa-focused telecommunication company, with a brand founded in 1986, operating primarily in Africa and converging telecommunication with fintech, e-commerce, and tech startups. The completion of the agreement to…
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Vodafone Ghana Sale: Staff Uncertain About Future With Company As Telecel Prepares To Takeover

Vodafone Ghana Sale: Staff Uncertain About Future With Company As Telecel Prepares To Takeover

Some staff of Vodafone Ghana are uncertain about their future, following approval by the National Communications Authority (NCA) sell the telecommunication company to Telecel. Some of the staff who spoke to Joy Business on condition of anonymity said that although a new leadership may help the company grow, they are however uncertain about job security. “For me, I’m happy that we will have new management for the company, and we may see a turnaround, but I can’t be sure of how my job will be sustained. We know what happened during the takeover of Ghana Telecom which resulted in some…
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NCA Gives Conditional Approval For Transfer Of 70% Of Vodafone Ghana Shares To Telecel Group

NCA Gives Conditional Approval For Transfer Of 70% Of Vodafone Ghana Shares To Telecel Group

The National Communications Authority (NCA) says it has granted approval for the transfer of the 70% majority shares in Vodafone Ghana to Telecel group. It explained in a press release on Monday that this is subject to concessions made by Telecel group and representations it made to the NCA. According to the Authority, this is pursuant to the evaluation of the revised proposal from the Telecel Group. The Vodafone Ghana shares are held by Vodafone International Holdings B.V. In January last year, the NCA received an application from Vodafone Ghana for the transfer of 70% of its majority shares held…
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Vodafone Ghana Foundation Sweeps Five Honours At Sustainability And Social Investment Awards

Vodafone Ghana Foundation Sweeps Five Honours At Sustainability And Social Investment Awards

The Vodafone Ghana Foundation, the charity arm of Vodafone Ghana, has won five awards at the 2022 Sustainability and Social Investment (SSI) Awards held over the weekend at the Kempinski Gold Coast Hotel. The organisers awarded the Foundation the SSI Team of the Year, SSI Foundation/Company of the Year, Best Company in Supporting Health Institutions, and Best Company in Projects Promoting Good Health and Wellness. The Head of the Vodafone Ghana Foundation, Rev. Amaris Perbi, also won the SSI Exemplary Leadership Award. The Vodafone Ghana Foundation won these prestigious awards for showing great leadership and a firm commitment to changing…
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