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Airtel And Tigo In Talks For Super Merger To Take On MTN’s Hegemony

Roshi Motman-Tigo Ghana CEO

Two of the biggest telecom companies in the country are reportedly in talks over a super merger that hope would challenge the hegemony of MTN Ghana.

The South African based telecom operator is undoubtedly the largest in the nation and all others are forced to be ‘the rest’ – and these two it seems are tired of that and want to bring some real competition to the market.

Indian company Bharti Airtel, parent company of Airtel Ghana, are reportedly in talks with Millicom International Cellular, who owns and operates Tigo Ghana, over a possible merger.

The merger, if it occurs, would catapult the new company as the second largest network in a market dominated by MTN – overtaking Vodafone to do so.

“The two companies are in discussions for a possible joint venture wherein both companies could hold equal share,” a source revealed, as quoted by GraphicOnline.

Any such deal would have to be ratified by the industry regulator the National Communications Authority (NCA). Both companies did not return requests for comment when contacted by Graphic.

 

This post was published on January 24, 2017 2:08 PM

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