PRESS STATEMENT - Response to Minority_ Press Ready.docx

Telecel Ghana has dismissed allegations by the Minority in Parliament suggesting its involvement in a secret takeover of AT Ghana, describing the claims as “misleading” and “inaccurate.”

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PRESS STATEMENT
Telecel Ghana Refutes Misleading Claims and Clarifies Its Role in Supporting AT Ghana
Accra, October 16, 2025 - Telecel Ghana has taken note of the press conference by
the Minority in Parliament regarding the telecommunications sector and seeks to clarify
its position to the public.
1.National Roaming Support to AT
The National Communications Authority (NCA) directed the migration of network traffic
from AT Ghana (AT) to Telecel Ghana’s network following the shutdown of AT’s sites by
ATC Ghana in August 2025, due to long overdue debts of AT to ATC Ghana.
Telecel Ghana has, since September 1, 2025, been providing, national roaming services
to AT as an interim measure. Without this intervention, AT customers would not have
been able to use mobile voice and data services across the country.
Telecel Ghana, like all stakeholders, awaits the outcome of the work by the transaction
advisor, KPMG, appointed by the government.
2.Telecel’s Investments and Operational Performance
Telecel Ghana is profitable and has posted a year-to-date Net Profit of multiple
hundreds of millions of Ghana cedis. The company continues to record strong
operational performance contrary to what has been put out in the media. Over
US$240m in financial relief and investments has been made by Telecel since the
acquisition in 2023 and not $10m as has been stated at the press conference. This
includes reducing legacy debts of the company and making significant investments in
network expansion, infrastructure modernization, and digital services nationwide
consistent with our investment plan.
Till date none of the over 600 employees in the organization have been made
redundant as promised, and the company has been certified Top Employer year on
year.
Telecel remains committed to the long-term view of its investment appetite in Ghana
and will continue to invest in the network, service offerings, people and social good.
3.Corporate Social Responsibility (CSR)
Telecel Ghana’s social interventions in health, education, and community
development, through the Telecel Ghana Foundation, have been consistent over
many years and have impacted the lives of many across the country.
The recent donation of advanced cervical cancer screening equipment to the Korle Bu
Teaching Hospital, Tamale Teaching Hospital, and Sefwi Wiawso Government Hospital
by Telecel Group was in fulfillment of a commitment publicly announced by Telecel in

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May 2025 following the launch of The Ghana Medical Trust Fund by His Excellency the
President of the Republic of Ghana. Telecel is one of first corporate institutions to deliver
on the commitments made after the launch. The support by Telecel Group to the One
million Coders Programme was also announced in May 2025.
The attempt to project these social interventions as ”an apparent attempt to
strengthen Telecel position and gain goodwill” is disingenuous, unfortunate and should
be disregarded by the public. Telecel will continue to invest in the communities in which
we operate as we have done over the years.
Likewise, Telecel has consistently sponsored cultural and traditional festivals across the
country over the years as part of its community engagement strategy. This year, Telecel
has supported festivals in Kwahu, Osu, Ningo, Prampram, La, Cape Coast, Gomoa
Dawurampong, amongst others. All requests for sponsorship have come from the
various Traditional Councils and not the Minister. It therefore beats one’s imagination
that our support for this year’s Homowo Festival, one among many other sponsorships to
traditional rulers across the country, could be interpreted as an attempt to influence
decisions concerning AT.
Telecel’s CSR and community partnerships are grounded in long-term social impact,
not political expediency.
4.Commitment to Transparency and Ethical Conduct
Telecel Ghana, is a legal entity operating with the registered name Ghana
Telecommunications Company Limited with Government of Ghana holding 30% shares
on behalf of the people of Ghana.
Telecel remains open to engage constructively with all relevant stakeholders to provide
factual information and ensure that public discourse on this matter is guided by fact.
We remain focused on expanding digital access, improving network quality, and
serving millions of Ghanaians with reliability and innovation.
We operate with professionalism, transparency, and adherence to the law and are
committed to preserving the interests of all stakeholders, being customers, partners,
employees and shareholders.
We encourage the public to disregard any statements that misrepresent Telecel’s role,
integrity, or intentions.
- END -
Signed
External Affairs
Telecel Ghana