Financial Times FT.com

Ghana to renegotiate terms of Vodafone $900m deal

By Tom Burgis in Lagos and Andrew Parker in London

Published: November 4 2009 02:00 | Last updated: November 4 2009 02:00

The government of Ghana last night said it would renegotiate Vodafone's $900m (£550m) purchase of a leading local telecoms group after an official review into alleged "irregularities" in the deal.

The dispute is a potential blow to the world's biggest mobile provider by revenues, which has been expanding in emerging markets - Africa among them - to seek faster growth.

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