Bharti Airtel Uganda Investment To Cross $100 Million

Bharti Airtel will take its first steps on African soil in the country of Uganda. Speaking to Ugandan publication, the Daily Monitor, Manoj Kohli – the CEO of Bharti Airtel Africa spoke about his plans for Africa in general and Uganda in particular. Uganda is among countries with the lowest tele-density in the world – […]

Bharti Airtel will take its first steps on African soil in the country of Uganda. Speaking to Ugandan publication, the Daily Monitor, Manoj Kohli – the CEO of Bharti Airtel Africa spoke about his plans for Africa in general and Uganda in particular.

Uganda is among countries with the lowest tele-density in the world – at 30%. Bharti Airtel is learned to be investing over $100 million over the next two to three years to improve this tele-density by investing in the rural segment.

However, there are quite a few challenges for that to happen. The Ugandan market has one of the highest inter-connect fees in the world. Kohli has however indicated that the company shall partner with the government to reduce interconnect fees in favor of increasing penetration. He says that the company is aiming at becoming a market leader in the long term.

It will be interesting to see how that pans out.

Also read : Bharti Airtel Zambia Investment To Cross $150 Million