Vodafone completes purchase of Ghana Telecom stake

by admin on August 19, 2008

Vodafone has done aggressive expansion into emerging markets in Asia and Africa which aims towards growth Now there is a news that Vodafone has completed the purchase of a 70-percent stake in state-run Ghana Telecommunications. The 483 million pounds worth purchase was announced last month

Further to the … approval from the Ghanaian Parliament, The acquisition of a 70 percent stake in Ghana Telecom has 900 million dollars,” or 610 million euros.

Ghana Telecom which has with 1.4 million customer is third largest mobile phone group in the west African country’s.

Source

Tags: fixed operator, Ghana Telecom, mobile phone group, statistics, vodafone

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