• Latest
  • Trending
Vodafone Safenet

NCA approves sale of Vodafone Ghana

January 16, 2023
AG Lied About NSB Timeline & accounts – Legal Practitioner Exposes Inconsistencies

AG Lied About NSB Timeline & accounts – Legal Practitioner Exposes Inconsistencies

July 29, 2025
NPP Appeals to Kusasis and Mamprusis to Embrace Peace in Bawku

NPP appeals to Kusasis and Mamprusis to embrace peace in Bawku

July 29, 2025
Lands Minister Condemns Invasion of Bekwai Forestry Office by Alleged National Security Personnel

Lands Minister condemns invasion of Bekwai Forestry Office by alleged national security personnel

July 29, 2025
GNPC leads community cleanup ahead of Homowo Festival

GNPC leads community cleanup ahead of Homowo Festival

July 29, 2025
Central Africa Republic: President Touadéra seeks third term in December election

Central Africa Republic: President Touadéra seeks third term in December election

July 29, 2025
John Dumelo visits late Daddy Lumba’s family

John Dumelo visits late Daddy Lumba’s family

July 29, 2025
Security alone cannot resolve chieftaincy disputes – Kumadoe cautions

Security alone cannot resolve chieftaincy disputes – Kumadoe cautions

July 29, 2025
Ayine refutes claims of selective Justice: “Judge me by Actions”

Ayine refutes claims of selective Justice: “Judge me by Actions”

July 28, 2025
24-Hour Economy Will Accelerate Agribusiness Growth – Trade Minister

24-Hour Economy Will Accelerate Agribusiness Growth – Trade Minister

July 28, 2025
National Bar Exam to Replace Ghana School of Law Admissions – Attorney-General Reveals

National Bar Exam to Replace Ghana School of Law Admissions – Attorney-General Reveals

July 28, 2025
GES orders refund of monies collected for 2025 WASSCE practical

GES orders refund of monies collected for 2025 WASSCE practical

July 28, 2025
African leaders urged to invest in youth – prof. Jane Naana Opoku-Agyemang

African leaders urged to invest in youth – Prof. Jane Naana Opoku-Agyemang

July 28, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home Sports

NCA approves sale of Vodafone Ghana

in Sports
Vodafone Safenet
Share on FacebookShare on TwitterShare on Whatsapp

The National Communications Authority (NCA) has granted approval for the transfer of the 70% majority shares in Vodafone Ghana held by Vodafone International Holdings B.V. to Telecel Group.

A statement issued by the NCA on Monday said it’s now satisfied with a revised proposal from the Telecel Group after evaluation hence the conditional approval for the transfer of shares to the Buyer.

“…the Buyer resubmitted a revised financial and technical proposal in December 2022 which demonstrated the needed capital investment to extend the deployment of 4G and launch innovative Fintech solutions. The NCA found that the revised proposal provided more clarity and certainty in terms of the funding required for the acquisition and the commitments from both the Seller and Buyer. In addition, the Buyer has strengthened the overall governance and management team and made firm commitments towards meeting the regulatory requirements of the NCA.

“Based on the above, the NCA confirms that the revised proposal from the Buyer now meets the regulatory threshold and hence has granted a conditional approval for the transfer of shares to the Buyer including submission of strategies for employee retention,” said the NCA.

It further assured, “the general public and all stakeholders that it would continue to work with Vodafone Ghana and the Buyer to complete all outstanding regulatory requirements to ensure a smooth transition as well as continuity of service delivery and improved choice for consumers and competition within the industry.”

It would be recalled that in January 2022, the NCA received an application from Vodafone Ghana for the transfer of 70% of its majority shares held by the Seller to the Buyer.

The Authority in accordance with due process evaluated the application on various criteria and shot down the proposal because the request did not meet the regulatory threshold for approval to be granted.

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Photos: UG’s Commonwealth Hall students stranded after reopening

Next Post

Payments made to Rev Kusi Boateng’s JNS was refund of a loan – Nat’l Cathedral Secretariat

Next Post
Ablakwa makes shocking revelation against Nat’l Cathedral Secretary, Rev. Kusi Boateng

Payments made to Rev Kusi Boateng's JNS was refund of a loan – Nat’l Cathedral Secretariat

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • AG Lied About NSB Timeline & accounts – Legal Practitioner Exposes Inconsistencies
  • NPP appeals to Kusasis and Mamprusis to embrace peace in Bawku
  • Lands Minister condemns invasion of Bekwai Forestry Office by alleged national security personnel
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.