Canadian multinational Rektron Group Inc. has announced its intention to acquire a 60% majority stake in AT Ghana Limited, marking a significant foray into Ghana’s telecommunications space. The deal, pending regulatory clearance and due diligence, will be executed in partnership with local telecom player, Afritel Ghana Ltd.
In a statement issued on Wednesday, June 4, the Vancouver-based conglomerate described the acquisition as part of its broader strategy to diversify globally and build a stronger footprint 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. This aligns with our global vision to advance major infrastructure initiatives, foster innovation, and deliver value to consumers throughout the region,” said Atanas Kolarov, CEO of Rektron.
AT Ghana, formerly AirtelTigo, currently serves over 2.3 million customers and has operated under full government control since its nationalisation in 2021.
Rektron is teaming up with Afritel Ghana, led by telecom pioneer Nana Richmond Aggrey, co-founder of Scancom Ghana (now MTN). The alliance is expected to fuse global capital with local expertise.
“This partnership marks a major milestone in our mission to advance telecommunication services in Ghana. Through our strategic collaboration with Rektron, bringing global best practices, strategic investment, and next-generation infrastructure, we will strengthen our mobile network, expand nationwide coverage, and modernise service delivery,” he added.
Rektron asserts that Government support for the transaction was formalised through an MoU signed on May 21, 2025.
The Canadian emphasised Ghana’s growing demand for digital solutions as a major investment driver, but noted the transaction remains subject to key conditions, including regulatory approval.
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