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UCC Okays Airtel, Warid Deal As Subscribers Are Reassured PDF Print E-mail

By Faridah Kulabaka & Solomon Arinaitwe, Nation Media.

The Uganda Communications Commission (UCC) has assured ‘former’ Warid Telecom customers of seamless continuity in products and services as it gives Airtel a green light to proceed with the acquisition of Uganda’s third largest telecommunication company.

Speaking to journalists in Kampala yesterday, the UCC executive director, Mr Godfrey Mutabazi, said the commission will continue to provide regulatory oversight to ensure that the merger of the two telecom operators does not disrupt the industry in any way but rather enhance its efficiency.

Airtel, which applied to UCC for approval of its merger transaction with Warid received a ‘no objection’ to the application from the regulator yesterday. Airtel announced late last month that it had signed an agreement to acquire Warid Telecom’s Uganda business operations, pending regulatory approvals. Read more...

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