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Ghana govt to buy 100% in AirtelTigo
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“The Government of Ghana, Bharti Airtel and Millicom International Cellular, through their respective subsidiaries, today announced they have executed the definitive agreement for the transfer of AirtelTigo to the Ghana government on a going concern basis,” Bharti Airtel said in an official statement Friday.
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It added that under “the proposed agreement, the Government of Ghana would acquire 100% shares of AirtelTigo along with all customers, assets and liabilities.
The Ghana government will acquire 100% in AirtelTigo,
Bharti Airtel’s ailing joint venture with Millicom International Cellular SA in the African country, along with customers, assets and liabilities.