Vodafone Ghana has hinted at rebranding the company as Telecel Ghana.
This was revealed in a social media post.
This is coming a year after the National Communication Authority approved the takeover of Vodafone Ghana by Telecel.
The Director-General (DG) of NCA, Joe Anokye, in 2023 said Telecel had assumed a majority shareholder status, adding that the Government of Ghana (GoG) through the State Interests and Governance Authority (SIGA) was also a minority shareholder with 30%.
Telecel Ghana has been operating under the Vodafone brand name for about a year or more.
The expected rebranding of Vodafone as Telecel would come at a time when the industry market leader, MTN Ghana, has been declared Significant Market Power (SMP). This part of measures to enable a more efficient level playing field for the industry players.
In the last two years, the declaration of MTN Ghana as an SMP has resulted in an asymmetric savings of GH¢86.6 million for the smaller Mobile Network Operators (MNOs).
Among many other things, the SMP was designed to level the playing field, restrict the company's ability to regulate its profit margin, manipulate tariffs, and maybe raise barriers for possible new entrants or smaller participants in the market.
Vodafone Ghana currently controls about 18% of the mobile telephony market share. The presence of Telecel is expected to culminate in growth of market share for the business.
Latest Stories
-
A night of celebration at the 2024 Beaujolais Nouveau and CCIFG 10th anniversary
20 minutes -
Raw noise 2024 – Detty Rave continues its unmatched energy this December in Accra
29 minutes -
EC in yet another cybersecurity mess: Your private information exposed to the world
35 minutes -
Musk in talks over Reform UK donation, says Farage
1 hour -
Honda and Nissan hold merger talks
1 hour -
The city where shopkeepers fear their CCTV cameras could get them killed
2 hours -
Bawumia to grace Parliament’s Festival of Nine Lessons and Carols
2 hours -
UK removes nearly 13,500 migrants since election
2 hours -
Fourteen dead as Vanuatu searches for earthquake survivors
2 hours -
Petrosol’s Energising Dreams Promo: 14 more lucky customers win big in second draw
3 hours -
Gisèle Pelicot: How an ordinary woman shook attitudes to rape in France
3 hours -
Apple accused of using conflict minerals
3 hours -
President-elect Mahama plans to reform cocoa sector, restructure regulator
3 hours -
Kenyan man sentenced to 50 years in jail for killing LGBTQ activist
4 hours -
Stratcomm Africa at 30: A story of people, purpose and co-creation
5 hours