Ghanaian govt might review sale to Vodafone

The Ghanaian government may review the sale of a 70% stake in incumbent national operator Ghana Telecom to Vodafone. The $900 million deal announced last summer, is highly controversial.

Although the transaction was completed in August, it was opposed in the Ghanaian parliament and was only approved after Vodafone reportedly made several guarantees, including a reassurance that it would spend US$500 million upgrading the network.

Ghana Telecom is the country's fixed-line incumbent and third-largest mobile phone operator.