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Bharti Airtel Merges Operations in Ghana with Milicom's Tigo

Bharti Airtel Merges Operations in Ghana with Milicom's Tigo Image Credit: Milicom

Bharti Airtel and Milicom have entered into an agreement to combine their respective operations, Airtel and Tigo in Ghana. As per the agreement, Millicom and Airtel would have equal ownership and governance rights in the combined entity.

The combined business would serve nearly 10 million customers, of which 5.6 million are data customers. It would cover more than 80% of Ghana's population with high speed data, providing the widest 3G coverage across the country, and would have revenues close to $300m, making it one of the largest communications companies in Ghana.

By integrating the two networks, the combined business is expected to provide Ghanaian customers with a major boost in both rural and urban network coverage – in turn translating into better voice quality, high speed data services and reinforced network stability and resilience. With the combined fibre footprint and increased data centres, enterprise customers including both, large corporations and SMEs, would have access to a diverse portfolio of world class solutions. Mobile Financial Services is also expected to be greatly enhanced with combined agent networks and platforms.

Mohamed Dabbour, EVP, Milicom Africa
The combination of Tigo and Airtel will create an operator that will be able to offer Ghanaian consumers and businesses a state of the art network with high speed mobile data coverage. This transaction underlines confidence in the Ghanaian economy, and provides the opportunity to develop nationwide digital infrastructure and services in Ghana.

Raghunath Mandava, MD and CEO, Airtel Africa 
The coming together of the two entities will benefit customers, who can now enjoy an extensive combined network and a wider range of affordable and innovative products and services. It will further strengthen our position in the market and offer huge benefits arising out of synergies in operations, resulting in better experience for the customers.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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