Telecel–AT Ghana deal neither merger nor acquisition — Sam George
Minister of Communications, Digital Technology, and Innovations, Samuel Nartey George, has moved to correct media reports describing the ongoing restructuring between AT Ghana and Telecel Ghana as a merger.
Speaking at a press conference in Accra on Friday, September 5, 2025, he said the development falls under a force majeure situation, not a consolidation or acquisition.
“Let me be very clear and I need to be very on this, 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 the recommendations from their report will lay out a clear path for the consideration of government. For emphasis I repeat, what is happening and playing out is not a merger and neither is it an acquisition,” he stated.
The clarification comes after the Ministry announced plans to combine AT Ghana (formerly AirtelTigo) and Telecel Ghana into what it described as a stronger and more resilient telecommunications company.
At a staff durbar, Mr George assured workers that the restructuring would not trigger 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 told staff.
He also pledged that the interests of AT Ghana customers would be safeguarded throughout the process.
Meanwhile, the Minister urged calm among stakeholders, saying clarity on AT Ghana’s outstanding debt, services, and long-term future will only come after the transaction advisors finalise 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 said.
