Canadian multinational Rektron Group Inc.
has unveiled plans to acquire a 60% majority stake in AT Ghana Limited, marking a major expansion into Ghana's telecommunications sector.
The acquisition, which is still subject to regulatory approval and due diligence, will be carried out in partnership with Afritel Ghana Ltd, a local telecom firm.
In a statement issued on June 4, Rektron emphasised that the move aligns with its broader strategy to diversify globally and strengthen its presence in emerging markets, particularly in Africa. "We are excited to take a significant stake in AT Ghana and appreciate the support of the Government of Ghana as we take a significant stake in AT Ghana," said Atanas Kolarov, CEO of Rektron. "This aligns with our global vision to advance major infrastructure initiatives, foster innovation, and deliver value to consumers throughout the region." AT Ghana, formerly AirtelTigo, has been under full government control since its nationalisation in 2021 and currently serves over 2.3 million customers nationwide.
