Synopsis
Ghana led the way in telecommunications liberalisation and deregulation in Africa when it privatised Ghana Telecom as early as 1996. Following the exit of the investor, the company was re-privatised to Vodafone in 2008. Similarly, the second national operator, Westel, was re-privatised in 2007 and became a member of the Zain Group, one of Africa’s leading mobile operators. An initial public offering is expected from both companies in 2010. The highly competitive bidding for both companies indicates the huge potential that is seen in the market despite the intense competition from six licensed mobile networks. New submarine fibre optic cables set to reach the country in 2009 will introduce competition to the current monopoly provider of international fibre bandwidth and support the ongoing convergence of technologies and services.