- 20 Marks
MCBFI – APR 2023 – L4 – Q3 – Challenges for Vodafone Ghana and Investment Attraction to Telecel Group
Analyze the challenges faced by Vodafone Ghana leading to its sale and assess the investment attractions in Ghana for the acquiring Telecel Group.
Question
Vodafone Ghana, formerly Ghana Telecom, was the national telecommunications company of Ghana. The company in Ghana operates under Vodacom Group – Africa’s leading mobile telecommunications company.
MyJoyOnline.com, Wednesday, February 22, 2023, has reported that Vodafone, an MNC has just completed the sale of $70 %$ Shareholdings to Telecel Group on the Ghanaian telecom industry market. According to Henry Cobbblh, Lead, i Solve Africa, the sale is as a result of the challenges and difficulties that Vodafone Ghana is having on the Ghanaian market.
Required:
(a) In your opinion, what do you think are these challenges and difficulties that Vodafone was having, in spite of the numerous opportunities and potentials existing in Ghana? (15 marks)
(b) Assess the likely investment attraction in Ghana to the Telecel Group (15 marks)
(Total: 30 marks)
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