The Minister of Communications, Digital Technology, and Innovations, Samuel Nartey George, has clarified that the ongoing restructuring between AT Ghana (formerly AirtelTigo) and Telecel Ghana should not be described as a merger or acquisition.
Speaking at a press conference in Accra on Friday, September 5, 2025, the minister stressed that the development is being handled under a force majeure situation, contrary to reports suggesting a consolidation of the two telecom companies.
“Let me be very clear because we’ve seen media reportage. This is not a merger, it is also not an acquisition. We are dealing with a force majeure situation, and the work of the transaction advisor and recommendations from their report will lay out a clear path for the consideration of government. For emphasis, I repeat: what is happening is not a merger and neither is it an acquisition,” Mr. George stated.
The clarification follows earlier announcements from the ministry that AT Ghana and Telecel Ghana would be restructured into what was described as a stronger and more resilient telecommunications entity.
At a staff durbar, the minister assured employees that the exercise would not result in job losses.
“This is not a re-application process. It is simply a continuation of your contracts. Every single employee will be absorbed unless you personally decide to leave,” he said.
He further pledged that AT Ghana subscribers’ interests will be protected throughout the process.
Mr. George also called for calm among stakeholders, noting that clarity on AT Ghana’s outstanding debt, service continuity, and long-term future will only be determined after the transaction advisors complete their report.
“Ghana urges all stakeholders—including subscribers, tower companies, suppliers, and creditors—to await the outcome of the transaction advisors’ work, which will provide clarity on outstanding debt, services, and the future of AT Ghana,” he emphasized.
Source – My News Ghana
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