A Brief History   Ghana Telecom was a wing of the then Post & Telecommunications (P&T) Corporation that was established after World War II. Until then,  P & T was a department of the Ghana Civil service under the supervision of the Public Works Department (P.W.D).   As part of a restructuring programme under the Government of Ghana’s Telecommunications Sector liberalization policy, the Corporation was split into two autonomous institutions:   ·  Ghana Postal Services (Ghana Post), and ·  Ghana Telecom Company Ltd. (Ghana Telecom)   This was to enable the telecommunications division to function as a commercially viable entity.  Thus on June 16, 1995 GT was incorporated as a successor to the telecommunications division of the then P&T.    On 20th February 1997, Ghana Telecom was officially privatized through the sale of 30 % shares to G-Com Ltd., a consortium led by Telecom Malaysia Berhard. The company was given an exclusivity period of five years which ended on 20th February 2002.       In February 2002, the Government of Ghana abrogated the Management Contract with G-Com Ltd., and subsequently assigned Telenor Management Partner (TMP) in July 2002 to develop a Business Plan for GT covering the period 2003 – 2007.   Following the acceptance of the Business Plan, the Government of Ghana entered into a Management contract agreement with TMP in February 2003 to implement the proposals in the Business Plan.  TMP run the affairs of Ghana Telecom until December 2006 when the Government of Ghana decided to end the relationship.   A six member team headed by a Chief Executive Office was appointed on December 6, 2006 to run the day to day operations of GT. The team was supported by key Heads of Departments.       GT (then P&T) was incorporated in 1974.  The enactment of the statutory corporation transformed what had been a Telecommunications Division into Ghana Telecom Company (a company limited by shares) with the Ghana Government being the majority shareholder.   In October 2006, government announced a decision to privatize Ghana Telecom. It was to divest about 66.7 per cent of its shares in the company, to raise further capital, and improve on the performance of the company.   Consequently, a transactional adviser was appointed in April 2007 to set the process in motion. When the bids were opened, a number of companies put in their bids, with three companies emerging out of the six that were short listed for the second round, but Government and the three companies were unable to reach satisfactory terms.   New negotiations later began with Vodafone International Plc, the world’s leading mobile telecommunications group. After several weeks of deliberations, an agreement was reached and the deal was signed on July 3, 2008.   The Sale and Purchase Agreement (SPA) was then forwarded to Parliament for ratification.  On the 14th of August, 2008 after a number  heated debates both on the floor of Parliament and in the media the deal was approved for Government to offload 70% of its shares in Ghana Telecom to Vodafone for $900 million.   Vodafone International Plc now owns 70% of Ghana Telecom.   Key Organizational Activities   Ghana Telecom’s operating license allows it to render the following communications services:   ·  Voice telephony ·  Cellular communication ·  Satellite communications ·  Value added services ·  The sale, lease and maintenance of subscriber premise wiring ·  Internet connectivity.