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Vodafone Considering Options for Ghana in Africa Restructure

  • U.K. carrier may sell Ghana stake to South Africa’s Vodacom
  • Vodafone focusing on reorganizing group; paying down debt
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Vodafone Group Plc is considering options for its Ghana business as the British telecommunications giant focuses on reorganizing and paying down debt, according to people familiar with the matter.

The company could sell its majority stake in the unit to Johannesburg-listed Vodacom Group Ltd., in which Vodafone is the biggest shareholder, said the people, who asked to remain anonymous as the plans are still private. The West African country’s government will have to approve of any deal, they said.