Millicom International Cellular (MIC) has announced that it has signed an agreement with Bharti Airtel to merge their Ghanaian operational subsidiaries, Tigo Ghana and Airtel Ghana. According to the official press release, both Millicom and Airtel will hold equal ownership and governance rights in the combined enterprise, which will serve close to ten million customers. Raghunath Mandava, managing and CEO of Airtel Africa, stated: ‘The agreement highlights our commitment to the Ghana market and our customers. The coming together of the two entities will benefit customers, who can now enjoy an extensive combined network and a wider range of affordable and innovative products and services.’ The completion of the deal is subject to regulatory approval and the satisfaction of customary closing conditions.
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