Vodafone Ghana announced it is deploying 300 4G LTE and 3G sites across 16 regions in Ghana, a move that will increase its capacity by 30% to stay competitive with rivals.
In a social media post, Vodafone Ghana stated it aims to complete the rollout by the end of October this year. The company did not detail how much it would spend on the coverage expansion.
The plans were revealed despite Vodafone revealing intention to exit the market.
The company revealed discussions were being held to sell its unit in the country to rival Telecel, which is also in dialogue with the Ghanaian government to gain regulatory approval for the acquisition.
The country’s regulator denied media reports claiming it blocked Vodafone’s proposed sale of its Ghana unit to rival Telecel.
Vodafone entered the Ghanaian market in 2008 when it acquired 70% of Ghana Telecom for around US$900 with an enterprise value of US$1.3 billion. Vodafone CEO at the time Arun Sarin said the conglomerate was entering the Ghana market due to its rapidly growing mobile subscribe base. Growth has been flat in the past few years.
