CPP refuses to let dust settle on GT sale

19 Aug 2008

Just days after the completion of the government’s sale of a 70% stake in national fixed line operator Ghana Telecom (GT) to Vodafone Group, the country’s opposition Convention People’s Party (CPP) has pledged to review the deal if it is voted into office in the forthcoming elections in December. One of the major critics of the sale, CPP presidential candidate Dr. Paa Kwasi Nduom, told reporters in Accra that a CPP government would unbundle the national fibre-optic backbone component of the agreement, and make it a government-owned asset, which would then be opened up for partnership to all of Ghana’s telecoms operators. In his strong worded statement, Dr Nduom warned Vodafone the CPP would take ‘a holistic look’ at the agreement to ensure that the best interest of the country was served. ‘To Vodafone I say buyer beware! Know where are you are. Know what you are buying. Know the people who have opposed this deal and the reasons why they did. Also know that when a CPP government comes into power it would review the whole agreement to ensure the protection of the Ghanaian interest.’

Ghana, Vodafone Ghana, Vodafone Group