Newstechnology

Takeover of Vodafone won’t be funded by potential sale of towers – Telecel

The Telecel Group says the potential sale of Vodafone Ghana's towers are not part of a funding arrangement to acquire a 70 per cent stake in Vodafone Ghana. Telecel in a statement issued today confirmed that it had signed a Sale and Purchase Agreement (SPA) with Vodafone to acquire a majority stake in Vodafone Ghana. The statement added that Telecel will re-engage the government of Ghana over its takeover bid after an earlier application to take over Vodafone Ghana was denied. "Telecel Group and Vodafone have been in touch with Ghana’s Ministry for Communications, Bank of Ghana, and the National Communications...
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