Millicom International Cellular (Millicom) has completed another step in the consolidation of their African assets, focused on their Ghanaian subsidiary Tigo Ghana. Bharti Airtel and Millicom announced a joint-ownership merger agreement on Friday 3 March, which will see Tigo Ghana merge with Bharti Airtel’s subsidiary – Airtel Ghana.
- Tigo Ghana’s 5.3 million subscribers and Airtel Ghana’s 4.5 million will combine to become Ghana’s second largest network.
- Airtel and Tigo Ghana will become a joint entity, with equal ownership and rights.
- The operators will merge their mobile networks, infrastructure, and mobile financial systems in Ghana.