WorldStage Newsonline– Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa said its subsidiary, Airtel Uganda Limited had been issued a National Telecom Operator Licence following a period of negotiation and transition to a new Licensing Regime.
In a notification at the Nigerian Stock Exchange, the telco said under the terms of the licence Airtel Uganda paid USD 74.6 million which includes VAT of USD 11.4 million.
The new licence “is with effect from 1 July 2020 and is for a period of 20 years,” the notification said.
“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.”
