Airtel Uganda

Airtel Uganda
Private
Industry Telecommunications
Founded 1995 (1995)
Headquarters Kampala, Uganda
Key people
 Somasekhar VG
Managing Director[1]
Services
Revenue IncreaseAftertax:US$44.9 (2016)[2]
Website Homepage

Airtel Uganda is a mobile communications and information technology services provider in Uganda. The company also offers mobile funds transfer and banking services known as Airtel Money. Airtel Uganda Limited is a subsidiary of Bharti Airtel Limited.[3]

Location

The headquarters of Airtel Uganda are located in Airtel House, at 40 Wampewo Avenue, on Kololo Hill in the Central Division of Kampala, the county's capital and largest city. The coordinates of the headquarters are 00°19'09.0"N, 32°35'43.0"E (Latitude:0.319167; Longitude:32.595279).[4]

History

The company was founded in 1995 as Celtel Uganda, the first mobile telephone company in Uganda. In July 2007, Celtel Uganda changed its brand name to Zain Uganda. In 2010, Bharti Airtel acquired majority shareholding in the business and the name was changed to Airtel Uganda.[5] In 2013, Airtel Uganda acquired the assets and subscribers of Warid Telecom cementing its position as the number 2 mobile telephone network, behind market leader MTN Uganda.[6]

Overview

Airtel Uganda is the second-largest mobile network provider in the country,[7] with an estimated 9.8 million subscribers in December 2016, representing a market-share of approximately 44.5 percent, given that there were 22 million cellphone users in Uganda at that time. [3] The business in Uganda operates under three registered entities; namely: (1) Airtel Towers Limited (2) Bharti Airtel Uganda B.V. and (3) Airtel Mobile Commerce.[8]

Governance

VG Somasekhar is Managing Director of Airtel Uganda since September 2017. Previously he worked as Director - Special Projects, Airtel Africa. He also worked as the Managing Director for Airtel Uganda from December 2010 to February 2014 where he successful led the Airtel-Warid merger in 2013. He thereafter joined the Africa HQ office as the Executive Operations Director & SBU Head – Leader markets; and served in this role until July 2015.[9]

See also

References

  1. ↑ Airtel leadership (September 2017). "Airtel Uganda Leadership". Kampala. Retrieved 6 November 2017.
  2. ↑ Olingo, Allan (6 September 2017). "Bharti Airtel's regional units post $181.2 million in losses". The EastAfrican. Nairobi. Retrieved 6 September 2017.
  3. 1 2 Khisa, Isaac (12 September 2017). "Airtel Uganda records Shs160 billion net profit". The Independent (Uganda). Kampala. Retrieved 30 January 2018.
  4. ↑ Google (11 July 2016). "Location of Airtel House, 40 Wampewo Avenue, Kampala, Uganda" (Map). Google Maps. Google. Retrieved 11 July 2016.
  5. ↑ Airtel Uganda (11 July 2016). "About Airtel Uganda". Kampala: Airtel Uganda. Retrieved 11 July 2016.
  6. ↑ Kulabako, Faridah (23 April 2016). "Airtel buys Warid Telecom". Daily Monitor. Kampala. Retrieved 11 July 2016.
  7. ↑ Telegeography (27 April 2016). "Airtel Uganda to expand 4G beyond urban areas". Telegeography.com (Telegeography). Retrieved 11 July 2016.
  8. ↑ Jonathan Adengo, and Mark Keith Muhumuza (10 May 2016). "Airtel Uganda fights on as Tom Gutjahr exits". Daily Monitor. Kampala. Retrieved 4 October 2017.
  9. ↑ Techjaja Staff (8 August 2017). "Airtel Uganda shakes up executive, Managing Director Anwar Soussa is Out". Techjaja.com. Retrieved 30 January 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.