Warid lodges objection to Glo Mobile licence award

26 Jun 2008

Abu-Dhabi-based Warid Telecom International plans to contest the recent award of a mobile operating licence to Nigerian firm Globacom Nigeria through its Glo Mobile Ghana unit. On 20 June the Ghanaian telecoms regulator the National Communications Authority (NCA) confirmed that Glo had been successful in the bid for the country’s sixth mobile licence. However, Warid, the second firm short-listed for the concession, is now challenging the award, saying the process was not fully transparent. In a statement, Warid officials said they qualified to pay the minimum licence reserve of USD50 million, but were not given the opportunity by the NCA. Warid says it is looking to contest what it sees as an ‘unfair bidding process’. Globacom is looking to invest USD2 billion in Ghana in the next five years but the official opposition party has reportedly condemned the biding process and promised to question the whole procedure in parliament.

Ghana, Globacom (Glo Nigeria)