Airtel Africa PLC Uganda National Telecom Operator Licence (0797J)
18 Diciembre 2020 - 1:00AM
UK Regulatory
TIDMAAF
RNS Number : 0797J
Airtel Africa PLC
18 December 2020
Airtel Africa plc
("Airtel Africa", or the "Group")
Airtel Uganda Issued National Telecom Operator Licence
London and Lagos, 18 December 2020: Airtel Africa, a leading
provider of telecommunications and mobile money services, with a
presence in 14 countries across Africa, today announces that its
subsidiary Airtel Uganda Limited ("Airtel Uganda") has been issued
a National Telecom Operator Licence. This follows a period of
negotiation and transition to a new Licensing Regime.
The new licence is with effect from 1 July 2020 and is for a
period of 20 years. Airtel Uganda thanks the Government of Uganda
and the Uganda Communications Commission for its cooperation on
this important process.
Airtel Uganda will retain all its current spectrum subject to
the law and terms of assignment. The scope of services will be the
provision of basic telecommunication services, infrastructure
services, and value-added telecommunication services. In addition,
Airtel Uganda commits to achieving coverage of 90% of the
geographical boundary of Uganda within five years of the effective
date of the licence - with a minimum obligation of providing voice
and data services.
Under the terms of the licence Airtel Uganda has paid USD 74.6
million which includes VAT of USD 11.4 million.
-ENDS-
Enquiries
Airtel Africa - Investor Relations
Pier Falcione
Morten Singleton
Investor.relations@africa.airtel.com +44 207 493 9315
Hudson Sandler
Nick Lyon
Bertie Berger
airtelafrica@hudsonsandler.com +44 207 796 4133
About Airtel Africa
Airtel Africa is a leading provider of telecommunications and
mobile money services, with a presence in 14 countries in Africa,
primarily in East Africa and Central and West Africa.
Airtel Africa offers an integrated suite of telecommunications
solutions to its subscribers, including mobile voice and data
services as well as mobile money services both nationally and
internationally.
The Group aims to continue providing a simple and intuitive
customer experience through streamlined customer journeys.
www.airtel.africa
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December 18, 2020 02:00 ET (07:00 GMT)
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