• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Telecom

Ghana’s regulatory system Declines Vodafone’s Acquisition by Telecel Group

Vodafone's sale to Telecel is declined by the NCA & MoCD.

Paul Balo by Paul Balo
August 4, 2022
in Telecom
Share on FacebookShare on Twitter

The Ghanaian National Communications Authority (NCA) has reportedly declined the proposed Telecel Group acquisition deal to buy out Vodafone Group Ghana by acquiring its major stake. Ghana’s NCA declined the deal in a press release having warned Telecel and Vodafone about its regulatory decision, despite Vodafone Group’s intent to convey 70% of its shares to Telecel Group for further management as its parent company.

Recall that Vodafone Group applied to sell its shares in the early days of 2022 attracted the Telecel Group to tender a purchase bill while the NCA stealthily administered the deal until now. The Ghanaian NCA consorted an external regulator to finalize its decision. The NCA press release disclosed that both Telecel and Vodafone did not meet its terms to approve Vodafone Group as Telecel’s subsidiary.

“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.” The NCA revealed the process for administering the deal has “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.”

Ghana’s NCA consorted the Ministry of Communications and Digitalization (MoCD) to assist in regulating the telecom acquisition deal – the MoCD has the authority to authorize the final declination of Telecel to acquire Vodafone in Ghana. Still, Ghana’s NCA takes all credit for the appropriate regulatory policy applicable to preserve the local digital marketplace.

Although Vodafone Ghana is a denominative fraction of the Group’s assets being keen on selling its business operation to its close counterpart. Vodafone Group hails from South Africa while Telecel Group originates from the francophone axis – both parties are keen on innovating the African digital sector communing to merge their technology resources as an interconnected mobile network in Ghana.

The Vodafone Group recently agreed to sell off its Ghanaian op to Telecel bearing the mutual consent to lead the telecom services at the point Vodafone stopped. Vodafone intends to flee the Ghanaian digital market to focus on other commercial geographical areas where Vodafone’s network is present while Telecel Group also finds it strategic to acquire Vodafone’s assets. Still, the Ghanaian regulatory agencies systematically hinder the Vodafone group purchase.

Related Posts:

  • Ghana’s regulatory system Declines Vodafone’s Acquisition by Telecel Group
    Ghana’s regulatory system Declines Vodafone’s…
  • rtx1mbct
    Telecel Group Acquires Vodafone’s Business in Ghana.
  • exam-ANI-640
    Telkom Declines Rain Group Merger Offer.
  • 235F8499-B51E-4996-9950-D14984038DF9
    SEACOM Group Acquires EOH NS & Hymax Per the SA…
  • 235F8499-B51E-4996-9950-D14984038DF9
    SEACOM Group Acquires EOH NS & Hymax Per the SA…
  • The MTN Group Proposes an Acquisition Deal to Telkom.
    The MTN Group Proposes an Acquisition Deal to Telkom.
  • Telkom and Openserve Set to Split Officially On September 1.
    Telkom and Openserve Set to Split Officially On September 1.
  • exam-ANI-640
    Telkom Revenue Declines Amid Increase in Fiber…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: Acquisitionghanaghana regulatorregulator policytelecom
Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • Huawei Officially Launches HarmonyOS for PC May 10, 2025
    • Canada Nears Launch of Instant Payment Technology May 10, 2025
    • Threads Adds Dashboard for Post & Account Limits May 10, 2025
    • Many X Users are Experiencing Timeline Update Issues May 10, 2025
    • Legend Internet Launches Nigeria’s First Fibre-to-the-Room Service May 10, 2025
    • Over 300K Customers Leave 9mobile Over MTN Roaming Delay May 10, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Popular Tags

    africa (135) AI (497) android (367) app (717) Apple (576) artificial intelligence (419) business (482) china (132) cryptocurrency (209) ecommerce (122) enterprise (287) facebook (507) fintech (244) funding (121) gadget (558) gaming (201) google (709) government (469) instagram (173) internet (467) ios (291) iphone (246) meta (116) microsoft (369) mobile (352) new feature (384) nigeria (440) privacy (158) research (140) samsung (185) security (421) smartphone (277) social media (836) software (509) startup (419) streaming (174) telecom (242) tips (372) twitter (289) united states (216) users (158) videos (127) website (173) whatsapp (201) youtube (138)

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy

    About Us

    TechBooky

    TechBooky is a social Tech blog with a special focus on the budding African Technology sector. TechBooky is currently based in Abuja, Nigeria.

    Recent News

    Huawei Officially Launches HarmonyOS for PC

    Huawei Officially Launches HarmonyOS for PC

    May 10, 2025
    Canada Nears Launch of Instant Payment Technology

    Canada Nears Launch of Instant Payment Technology

    May 10, 2025
    Advertisement Coming to Threads from Next Year

    Threads Adds Dashboard for Post & Account Limits

    May 10, 2025
    Many X Users are Experiencing Timeline Update Issues

    Many X Users are Experiencing Timeline Update Issues

    May 10, 2025
    Legend Internet Launches Nigeria’s First Fibre-to-the-Room Service

    Legend Internet Launches Nigeria’s First Fibre-to-the-Room Service

    May 10, 2025
    Over 300K Customers Leave 9mobile Over MTN Roaming Delay

    Over 300K Customers Leave 9mobile Over MTN Roaming Delay

    May 10, 2025
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok