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Airtel to upgrade network in Uganda
22 June 2010
Bharti Airtel has announced plans to spend $100m on upgrading the Ugandan network it acquired from Zain
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Bharti Airtel
Uganda
Zain
Indian group Bharti Airtel will spend $100 million over two years in Uganda on technology upgrades and expansion of the former Zain network. The investment will help the group double subscribers over the next two years from the current two million active users.
It is looking to raise deployment of wireless technologies and deliver broadband capacity to the farthest areas in the countryside so that people can access data and voice wherever they may be.
Revenues from the telecoms industry are estimated to increase at an annual rate of 25-30% over the next five years, according to the Uganda Communications Commission. The east African country has six GSM operators.
Airtel recently completed a $9 billion takeover of Kuwait-based Zain’s assets in 15 African countries. GTB