Audio By Carbonatix
The Chief Executive Officer of the French telecommunications operator, France Telecom, Didier Lombard says it is taking government too long to take a final decision on who wins the final bid to buy Ghana Telecom.
Mr. Lombard who was speaking at a conference in Barcelona last Friday said his company was keen on taking a stake in the privatization of the country's national telecom.
He was confident his company had satisfied the major requirements. But he noted that the process was going through so many steps compared to what France Telecom had to fulfill to buy over 51 percent shares in Telkom Kenya for some $391 million.
The successful bidder of GT is expected to float at least 30 percent shares of the company on the stock exchange, have not less than one million subscribers, have an African presence and must have a solid management team capable of improving staff efficiency, culture and effectiveness.
According to Joy Business Report, a successful bidder could be expected among France Telecom, Vodacom and Portugal Telecom, the last three short-listed from six others.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
It’s very tough to be a musician in Ghana; everything is a loss – Camidoh
2 minutes -
Ghana has technical capacity, but capital remains key constraint in mining sector – Dr Boateng
3 minutes -
Don’t accept financial terms blindly – Amma Gyampo advises consumers
7 minutes -
Senegal president appoints economist as prime minister after political rift
12 minutes -
Ghanaian participation in extractive sector must increase – Expert
49 minutes -
Government must make industrialisation a condition in mining contracts — Ayi-Owoo
53 minutes -
Inside Audit Report: Check the alleged inflated contracts in 2023 African Games
54 minutes -
J.Derobie reunites with Gold Up Music on new dancehall release ‘Start Over’
56 minutes -
Mawuli School PTA donates desks, water tanks to improve academic environment
1 hour -
Hybrid funding approach key to strengthening local mining participation — Mineral economist
1 hour -
Rotary Club donates classroom furniture to PRESEC Legon, partners with OSP to inspire students on integrity
1 hour -
Ghana should focus on maximising mining revenues, not nationalisation – UMaT lecturer
1 hour -
Pushing for 100% state ownership of mining is risky – Dr. Sarkodie warns
1 hour -
‘Super El Niño’ threat puts Africa at critical climate crossroads – Report
1 hour -
Pilot distraction from phone calls contributed to Tema aircraft crash that killed 2 brothers – Report
1 hour