NCA paves way for merger between Tigo and Airtel

NCA paves way for merger between Tigo and Airtel

- The new service provider would serve about 10 million subscribers

- Estimated revenue for the company is $300 million

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Two of Ghana’s telecommunications networks, Tigo and Airtel are drawing closer to a possible merger of operations.

NCA paves way for merger between Tigo and Airtel

Left: Tigo's CEO, Roshi Motman Right: Airtel'a CEO, Lucy Quist

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The National Communications Authority (NCA) has reportedly given them the greenlight to combine their resources and provide services to their clients.

The two networks had earlier reached a deal to fuse their operations and provide services as one unit to their clients. When complete, the deal would be the first of its kind in Ghana’s telecom sector.

The new company is likely to become Ghana’s second largest mobile operator, after MTN. It would possibly serve about 10 million subscribers, with revenues in the region of $300 million.

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Source: Yen.com.gh

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