The national telecommunications company was sold for $266.57 million in 2006 by the then NPP administration.
An inter-ministerial committee was set up in May 2009 to review the sale of Ghana’s 70 per cent shares in Ghana Telecom to Vodafone.
The committee revealed that then President Kufuor appended his signature to an agreement between Vodafone UK and Ghana Telecom, while Parliament ratified an agreement between Vodafone International of Holland and Ghana Telecom.
Speaking in an interview on Citi FM Monday, Akufo-Addo stated that Ghana Telecom “was sold because it was an inefficient company”.
He, however, wondered why there is no Ghanaian company in the telecom sector in the country.
“I find it difficult to understand why there's no Ghanaian company in the Telecom sector in Ghana," he told host Bernard Avle.