Indian telecommunications operator, Bharti Airtel, may be returning to Ghana in the future, managers of the company have disclosed to government.
According to Minister for Communications and Digitalization, Ursula Owusu-Ekuful, the covid-19 pandemic compelled many telecom operators to pull out from the African sub-region including the recent decision by owners of Airtel and Millicom to move out of Ghana.
Madam Owusu-Ekuful told Joy Business Airtel will be considering the Ghanaian market at a later date for a possible return.
“We all assume that telecom is the only sector benefiting from the pandemic because a lot of our works have gone virtual, and so we think because a lot of people are using online platforms the companies in this sector are all doing very well.”
But she emphasized “that is not the case universally, as some are struggling and some of the parent companies of these investments in our country have also decided that they're pulling out of certain markets for their own investment reasons. And that's why we have also suffered this fate as a country”.
Mrs. Owusu-Ekuful further said “Tigo is out of Africa, Airtel is also consolidating its acquisitions around the world and they have decided that Ghana must be one of the countries in which they no longer want to be, the reason we are in this situation.”
The Communications Minister however said, Airtel mentioned that they may come back to the Ghanaian market in the future.
“Airtel has mentioned to us that they're still looking at this market [Ghana] and there's a possibility that they may come back at some later stage. But what we have is a situation at hand and the government is determined to protect the jobs which is very critical” she stressed.
Government has already concluded negotiations to take over Airtel tigo, a joint venture company by the Indian Bharti Airtel and Millicom Africa.
Joy Business however gathers that the new company will be given to industry experts to manage in the interim.
Latest Stories
-
Mahama calls on the church to help him meet Ghanaians’ expectation
29 minutes -
ECL’s F5 training shows industries how to go Next-Gen
40 minutes -
I won’t manage any club after Manchester City – Guardiola
49 minutes -
Joshua Alabi reveals winning strategy behind NDC’s electoral tsunami
51 minutes -
Baba Rahman named in Greece Super League Team of the Season
55 minutes -
Kenyan President William Ruto congratulates Ghana’s President-elect John Mahama
1 hour -
Heavy security presence as irate youth besiege Ghana Gas in Accra
1 hour -
Our collective hard work brought NDC victory – Benjamin Quashie to NDC SA chapter
2 hours -
GCIC hosts policy roundtable on accelerating the transition to clean cooking
2 hours -
Police declare 3 persons wanted for Tepa warehouse, radio station break-in
2 hours -
NPP superintended too much inefficiency and wastage – Joyce Bawah
3 hours -
Ghana’s first-ever female Vice President: A clarion call for change, development, and empowerment
3 hours -
Bawumia calls for unity in NPP after 2024 electoral defeat
3 hours -
Christian Council congratulates Mahama, urges peace amid post-election violence
3 hours -
Free virtual ‘Mental Health and Faith’ seminar set for December 13
3 hours