Bharti Airtel Ltd.

Bharti Airtel (Airtel), a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, has entered into a definitive agreement with the Warid Group (Warid) to fully acquire Warid Telecom Uganda. With this, Airtel will further consolidate its position as the second largest mobile operator in Uganda with a combined customer base of over 7.4 million and market share of over 39%. The agreement is subject to regulatory and statutory approvals.

The agreement aims to bring together the strengths of Airtel and Warid in Uganda and offer benefits to customers in the form of a superior and wider network, affordable voice and data services, and superior customer care. Airtel currently has 4.6 million customers in Uganda. The existing 2.8 million Warid customers in Uganda will join Airtel’s global network that serves over 269 million customers.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.