Minority Demands Halt to AT Ghana–Telecel Restructuring, Citing Threat to National Interest

The Minority in Parliament has raised strong objections to the ongoing restructuring process between AT Ghana and Telecel Ghana, describing the move as one that risks undermining national interest if not subjected to full parliamentary oversight.

At a press briefing in Accra on Wednesday, October 15, Ranking Member on the Communications Committee, Matthew Nyindam, said the proposed arrangement goes beyond a mere corporate transaction, warning that it could erode the legacy and strategic value of a key national asset.

“This is not just about the sale of a company,” Nyindam stated. “It’s about safeguarding institutions that have served Ghana with distinction, trained some of our best industry professionals, and proven vital in times of national crisis.”

He urged government and industry stakeholders to prioritize national ownership and transparency in managing the future of AT Ghana.

“We must act now to ensure AT remains under Ghanaian control and continues to contribute to the nation’s digital and economic growth,” he emphasized.

The Minority is therefore demanding:

An immediate suspension of the ongoing restructuring or consolidation process;

A full parliamentary inquiry into the transaction;

Disclosure of all agreements, correspondence, and advisory reports;

Publication of recommendations from consultants AFROTEX/Rektron;

A comprehensive financial review of AT Ghana to resolve its debt-related challenges.

The Minority stressed that any decision affecting AT Ghana’s future must be brought before Parliament for debate and approval.

Meanwhile, Minister of Communication, Digital Technology, and Innovations, Samuel Nartey George, has downplayed reports of a merger or acquisition, clarifying that the process is being handled as a “force majeure” case guided by expert recommendations.

“This is not a merger or acquisition,” the Minister said at a press briefing on September 5. “We are responding to a force majeure situation, and the transaction advisor’s recommendations will inform the government’s next steps.”

The Ministry had earlier assured the public that the restructuring aims to build a stronger and more competitive telecom company without any job losses.

However, the Minority maintains that only full transparency, accountability, and parliamentary involvement can ensure that Ghana’s strategic telecom interests remain protected.