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The Ghana's telecom market has undergone several changes in recent years, following the privatisation of the incumbent telco Ghana Telecom and its rebranding as Vodafone Ghana. Two of the key players merged to form AirtelTigo in 2017, though in mid-2020 the parent companies of the operator decided to exit the market.
The telecommunication industry in Ghana contributed GH¢4.3 billion in taxes to the economy in the previous year, accounting for 7.7% of government revenue. The sector also played a crucial role in reducing unemployment, creating 6,100 direct jobs and 1.2 million indirect jobs.
Competition among mobile-phone companies in Ghana is an important part of the telecommunications industry growth, Current market leader MTN with voice subscription of 23,150,485 representing 55.95% of the market is followed by Vodafone with voice subscription of 9,075,795 representing 21.93% market share, AirtelTigo voice subscription stands at ...
Telecel Ghana is the Ghanaian subsidiary of Telecel Group, an African focused telecommunications company. [1] They are the leading total communications solutions provider. In February 2023, Telecel Group completed a deal to acquire 70% shares of Vodafone Ghana [2] in Ghana Telecom Company Limited [3] and effectively rebranded [4] Vodafone Ghana into Telecel Ghana.
Around 24,800 M&A deals have been conducted in the Telecommunication Industry with either the acquirer or the target company coming from the Telecommunications sector. In total over 5.712 bil. USD have been spent on M&A between 1985 and 2018 in this industry. [7] There has only been one big M&A wave around 1999 and 2000.
The Ministry of Communication was created out of the Ministry of Transport and Communications. [2] Its mission is based on the following principles: [1] To promote rapid development and deployment of a national ICT infrastructure in Ghana.
Ghana is due to get a new president after December’s election. The current vice-president, Mahamudu Bawumia, and a former head of state, John Mahama, are the two leading candidates in contention ...
The use of new media in Ghana like elsewhere is growing. The Information and Communications Technologies (ICT) sector, which is based on a free market approach, [ 1 ] has promoted new media use. Most popular aspects of new media to Ghanaians is the Internet, [ 2 ] and its associated mobile and desktop applications for education, health ...