Indian Tycoon Ambani Faces Pushback In Ghana Over Exclusive 5G Deal
- Ambani-owned company to supply network infrastructure, phones
- Minority caucus claims government agreed to “sweetheart deal”
Mukesh Ambani
Photographer: Prakash Singh/BloombergThis article is for subscribers only.
A deal for Asia’s second-richest man to cash in on 5G wireless service demand in Ghana faces opposition from the country’s parliamentary minority, which has accused the administration of rushing into a “sweetheart deal.”
The Ghanaian government’s plan to launch a 5G network using a company partnering with Mukesh Ambani is a bad deal for the debt-ridden nation, which needs funds for critical development projects, the National Democratic Congress (NDC) said in a statement on Monday.