Vodafone Ghana, formerly Ghana Telecom, is the national telecom company of Ghana. In 2006 it had around 400,000 customers for fixed and mobile telephony and internet services. On 3 July 2008, the sale of the company for $900m to Vodafone group was announced. After the transaction closed, Vodafone had a 70% stake in the company, while the Ghanaian government will retain a 30% stake. On 16 April 2009, the company was rebranded as Vodafone Ghana.