via The CEO Magazine – As we wave 2013 goodbye, we are likely to see more acquisitions and mergers in 2014 as competition continues to bite. Recently, The CEO broke a story about the Agha Khan Development Network Foundation (AKDN)’s plans to invest in Uganda’s telecom sector. Lutaf Kassam, a director at the foundation confirmed this, “Yes we are getting into the telecom business in Uganda.” He was however quick to point out that “we have bought into an existing license or operator,” instead of a Greenfield operation that requires starting from scratch. Uganda’s telecom sector currently has six players offering voice, data or both, and is highly competitive on one hand, and on the other, is said to be saturated – fully. Will it acquire Uganda telecom or Orange? We’ll keep you posted.
via The CEO Magazine – Business moments of 2013: A look at the performance of Uganda’s leading sectors.
Ismailimail 