
Audio By Carbonatix
The Chief Executive Officer of the French telecommunications operator France Telecom, Didier Lombard says government is taking too long to finally decide 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 is keen on taking a stake in the privatization of the country's national telecom carrier Ghana Telecom (GT).He was confident that his company has satisfied the major requirements to win the bid.But he noted that the process is going through so many steps compared to what France Telecom has to fulfill to buy over 51 per cent shares in Telkom Kenya for some 391 million dollars.The successful bidder of GT is expected to float at least 30 per cent shares of the company on the stock exchange, have not less than 1 million subscribers, have an African presence and must have a solid management team capable of improving staff efficiency, culture and effectiveness.Information gathered by Joy Business Report indicates that France Telecom seem to stand tall among Vodacom and Portugal Telecom, the last three companies that have been short-listed from six others. But the sources say the final decision still lies with the government.
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
-
Prudential Life settles GH¢100,000 medical bills under its PRUCares Valentine Experience Initiative
26 minutes -
Wa West Picnic: Peter Lanchene Toobu champions peace, health and unity in landmark celebration
38 minutes -
Dr Mensah Market flooded after downpour in Kumasi
46 minutes -
Armed men reportedly storm Adjen Kotoku Onion Market amid tensions
2 hours -
Tecco Mensah writes: Why football fans must look beyond statistics
2 hours -
Police recover stolen Honda CR-V in Kumasi within 48 hours
3 hours -
Apetorku Gbodzi 2026 Festival opens in Dagbamete with development focus
3 hours -
President Mahama arrives in Lyon to co-chair One Health Summit
3 hours -
Beverly View Plus Hotel draws crowds amid coastal Easter rush in Volta
3 hours -
Maiden Zongo Festival held in Wa amid calls to tackle drug abuse among the youth
4 hours -
FDA warns of fake HIV test kits on Ghanaian market
4 hours -
Africa urged to build resilient health systems as donor support tightens
4 hours -
Easter gesture: Ablakwa settles medical bills for 85 North Tongu constituents
6 hours -
Africa must harness its population strength—Titus-Glover
6 hours -
Visa-free access doesn’t mean unlimited stay – Lom Ahlijah
6 hours