"Ghanaian telecom company AT Telecom set to receive a 60% ownership by Canadian technology firm Rektron"
Rektron Group Announces Proposed Acquisition of Majority Stake in AT Ghana
In a significant move for Ghana's telecommunications sector, Canadian infrastructure firm Rektron Group Inc. has announced plans to acquire a 60% controlling stake in AT Ghana, the state-owned telecom operator formerly known as AirtelTigo [1][4]. This acquisition marks Rektron's strategic entry into the Ghanaian telecom market, expanding their digital footprint in Africa's fast-growing telecoms landscape.
AT Ghana currently serves approximately 2.3 million customers and offers voice, data, mobile money, and enterprise services [4]. The deal, if finalized, would allow Rektron to inject new capital, technology, and expertise into the company, potentially improving services and competitiveness in the region.
The partnership with local telecom firm Afritel Ghana, founded by industry veteran Nana Richmond Aggrey, could bring strategic investment and next-generation infrastructure to improve access and reduce data costs [2]. Atanas Kolarov, CEO of Rektron, stated that the acquisition aligns with their global vision to advance infrastructure, foster innovation, and deliver value across emerging markets [3].
However, no assurance has been given that the deal will be finalized, as it is subject to regulatory approval and due diligence. If approved, the transaction could position Rektron as a significant player in the Ghanaian digital ecosystem, potentially influencing market dynamics and customer experience moving forward [2][3][4].
The next steps likely involve regulatory approvals, integration planning, and operational restructuring to align AT Ghana’s operations under Rektron’s management strategy. The acquisition is a rare large-scale foreign acquisition in Ghana's telecom sector since AT was nationalised in 2021 [1].
For more detailed and up-to-date information, the official news release from Rektron Group provides the primary source: https://www.rektrongroup.com/rektron-group-announces-proposed-strategic-acquisition-of-majority-stake-in-at-ghana-anchoring-a[2][3].
Rektron Group Inc. is listed in Canada and Frankfurt, and is known for energy and infrastructure investments in emerging markets [1]. The company's entry into Ghana's telecom market could signal potential changes in the operational and strategic direction of AT Ghana, possibly accelerating digital transformation and infrastructure development within the sector.
[1] GhanaWeb (2025). Rektron Group to acquire majority stake in AT Ghana. Retrieved from https://www.ghanaweb.com/business/rektron-group-to-acquire-majority-stake-in-at-ghana-878502
[2] MyJoyOnline (2025). Rektron Group announces proposed strategic acquisition of majority stake in AT Ghana. Retrieved from https://www.myjoyonline.com/business/rektron-group-announces-proposed-strategic-acquisition-of-majority-stake-in-at-ghana/
[3] Business Ghana (2025). Rektron Group plans to acquire majority stake in AT Ghana. Retrieved from https://www.businessghana.com/rektron-group-plans-to-acquire-majority-stake-in-at-ghana/
[4] AT Ghana (2025). About Us. Retrieved from https://www.atghana.com/about-us/
Rektron's acquisition of a significant stake in AT Ghana demonstrates their focus on expanding their business interests in the telecom sector, particularly in Africa. The influx of capital, technology, and expertise could potentially enhance the financial health and business strategies of AT Ghana.
