Wednesday 15 May 2013

Airtel to continue investing in Uganda

Bharti Airtel (“Airtel”), a leading global telecommunications services
provider with operations in 20 countries across Asia and Africa, today
reiterated its commitment to Uganda and said it will “continue to make
investments and offer world-class and affordable services to customers
in the country”.

Airtel’s proposed acquisition of Warid Telecom has received approvals
from the Uganda Communications Commission. With this, Airtel will
further consolidate its position as the second largest mobile operator
in Uganda with a combined customer base of over 7.2 million and market
share of over 39%.




Warid customers will be able to retain their existing mobile numbers
and continue to enjoy benefits such as remaining balances in their SIM
and existing services. In addition, Warid customers will benefit from
Airtel’s ‘One Network’ across 20 countries and get access to
innovative products and roaming benefits on successful completion of
integration.

Airtel Uganda Managing Director Mr. V.G. Somasekhar said, “We welcome
Warid customers to the Airtel global network and assure them of a
world-class experience. This acquisition will create a superior and
wider network and we will invest more in key areas such as
technological innovation and customer service.

"Further, the existing Warid customer will also be enjoying all Airtel
services such as the widest 3G coverage, Blackberry services and
superior roaming serviceson successful completion of integration.
During this transition, I want to reassure Warid customers of our
commitment to providing world-class, affordable services to customers
in Uganda. They should also be assured of the security and continuity
of Warid Pesa services during this period”

He added: “After the successful completion of integration, Warid
customers will begin to enjoy benefits of the 0ne network with lower
roaming rates across Africa and South Asia that other Airtel Customers
have been enjoying. It’s a great beginning to a journey with our loyal
Uganda customers and for the economy as a whole.”

With presence across 17 African countries, Airtel is the largest
telecom service provider across the Continent in terms of geographical
reach and had over 62 million customers at the end of quarter ended
December 31, 2012. Globally, Airtel is ranked as the 4th largest
mobile services provider in terms of customer base.

Bharti Airtel Limited is a leading global telecommunications company
with operations in 20 countries across Asia and Africa. Headquartered
in New Delhi, India, the company ranks amongst the top 4 mobile
service providers globally in terms of subscribers.

In India, the company's product offerings include 2G, 3G and 4G
wireless services, mobile commerce, fixed line services, high speed
DSL broadband, IPTV, DTH, enterprise services including national &
international long distance services to carriers. In the rest of the
geographies, it offers 2G, 3G wireless services and mobile commerce.
Bharti Airtel had over 271 million customers across its operations at
the end of March 2013.

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