This section features background information and resources relevant to the current research theme. It includes resources produced by WDR and external sources and is organised by regions and topics. An archive of resources recommended in previous research cycles is also available along with news from the WDR/Intelecon Regulatory News Service.
Ghana: Ghana Telecom stake won by France Telecom Print E-mail
Monday, 26 November 2007

The Ghanaian government selected Telecom France as the winner of a 51% stake in Ghana Telecom (GT).

Vodacom and Portugal Telecom were the other participants in the GT auction. Twenty foreign investors originally expressed interest in Ghana Telecom when the Government of Ghana announced the privatization earlier in 2007. The sale is designed to spur increased efficiency and quality of service. The remaining 49% of GT shares are to be sold on the Ghana stock exchange.

The price of the 51% stake has not been confirmed. Sources close to the Ministry of Communication say it is in the range of US$ 500 – 600 million.

Source: Ghanaian Chronicle - WDR/Intelecon Regulatory News.