NEW DELHI: Reliance Communications on Thursday announced the acquisition of Uganda-based Anupam Global Soft, a company holding public infrastructure provider licence (PIPL) and public service provider licence (PSPL) issued by Uganda Communications Commission.
Under these licences, Reliance Communications targets to offer mobile, fixed line, internet, national and international long distance services, in addition to Wi-Max and Wi-Fi services in Uganda. The operator said it has received spectrum and would launch mobile services in Uganda by 2008-end.
Reliance Communications is targeting to invest up to $500 million (Rs 2,000 crore) in establishing a high quality, fully-IP enabled integrated telecom network in Uganda to capture the growth potential in the emerging African market.
Reliance Communications global business president Punit Garg said, “Uganda telecom market is similar to what India was eight years back. Our expertise in managing one of the world’s largest integrated telecom network, and deep understanding of diverse consumer segments makes us confident to achieve a significant position to add further value for our two million shareholders.”
The telecom operator plans to connect the African continent with the rest of the world by laying a submarine cable system through its arm Reliance FLAG plans to spend $1.5 billion (Rs 6,000 crore) in building a 1,15,000 km-long, fully-IP enabled optic network to reach 2/3rd of the global population.
Reliance Communications has ambitious global expansion plans and is concentrating on opportunities in emerging Asian and African markets. Uganda has a population of about 30 million, and about 3.016 million mobile subscribers by March-end 2007, according to UCC. Reliance Communications said the 10% penetration provides ample scope of expansion.
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