NCA has not Blocked Sale of Vodafone Ghana’s Operations to Telecel Group

news / press

NCA has not Blocked Sale of Vodafone Ghana’s Operations to Telecel Group

The National Communications Authority (NCA) has taken note of some media reports purporting a block of the sale of Vodafone Ghana to the Telecel Group by the Ministry of Communications and Digitalisation (MoCD).

The Authority wishes to state and clarify that the statement is false and should be disregarded as such.

In January 2022, the NCA received an application for the transfer of 70% majority shares in Ghana Telecommunications Company Limited (Vodafone Ghana) from Vodafone International Holdings B.V. to the Telecel Group.

In accordance with due process, the Authority evaluated the application on various criteria and engaged both Vodafone and Telecel Group. After a critical regulatory review and evaluation, the NCA concluded that the request did not meet the regulatory threshold for approval to be granted.

Please note that the NCA only endeavoured to ensure compliance with regulatory framework and international best practice.

Issued by the National Communications Authority:

No. 6 Airport City, Accra
Tel: (0)30 – 2776621/2771701 or 050-145-1522/3
Date – 2nd August, 2022

About NCA

The National Communications Authority, (NCA), was established by an Act of Parliament, Act 524 in December 1996, which has been repealed and replaced by the National Communications Authority Act, 2008, Act 769.

Leave your thought here

Your email address will not be published. Required fields are marked *