Why Ugandan pundits are mistaken in their understanding of why some foreign firms have quit our market THE LAST WORD | ANDREW M. MWENDA | A couple of multinational firms have pulled out of Uganda in the last one decade. Oil giant Shell sold itself to Vivo, Barclays Bank …
Read More »Warid’s Essar plans to invest US$2 billion
By Independent Team The Indian telecom giant, Essar Group which owns Warid Uganda, has prepared a telecom blueprint for Africa under which it would invest US$2 billion According to Standard Business of India, Essar’s goal is to get 20 million customers and more, spanning six to seven countries in the …
Read More »Warid buyer to pump Shs 350bn into network
By Joshua Masinde Essar had earlier paid US$ 3 million in licence fees to receive Uganda’s sixth mobile licence Warid Uganda could have been sold by the end of the week if everything went according to plan. Essar Group, one of the largest Telecommunication industries in India is the intending …
Read More »MTN ceding ground, Warid biggest gainer
By Independent Team & Agencies New study predicts mobile penetration hits 40% A new report from Pyramid Research indicates that mobile penetration in Uganda is expected to increase from 39 percent in 2009 to about 70 percent by 2014. This jump will be driven by the successful liberalization of the …
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