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Home » AirtelTigo Officially Bought By The Government For 1Dollar-Full Details
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AirtelTigo Officially Bought By The Government For 1Dollar-Full Details

Israel Boafo Bansah
Last updated: November 3, 2021 7:08 pm
By Israel Boafo Bansah
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The government of Ghana has been said to have finally bought all the shares of AirtelTigo along with all customers, assets, and liabilities.

According to reports the company is now a state-owned company and would be making all its revenue for the Government of Ghana.

The takeover of the company was announced in April this year after a regulatory filing to the Bombay Stock Exchange from Bharti Airtel.

Minister of Communication and Digitalization Mrs. Ursula Owusu-Ekuful was said to have signed the contract for the takeover on behalf of the country whereas Ms. Jatina Catharina Uneken-van de Vreede, Mr. Martin P Frechette, Mr. Timothy Pennington, Mr. Eric Nana Nipah, and Mr. Vish Ashiagbor signed on behalf of the seller entities.

Tho the exact amount for the buying of the AirtelTigo company is not known Mrs Ursula revealed through a post on Facebook sometime back it cost the country just a dollar.

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By Israel Boafo Bansah
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ABOUT POST EDITOR ..... Bansah obtained a degree from the University of Ghana where he started a campus news network (LegonConnect) as a student. He has been in the blogging and journalism space for over 7years now and well known among bloggers most of which he has mentored into creating a career through writing. He's well known for his passion for education and his philanthropic gestures towards needy students. eMail - [email protected]
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