Essar seeking majority stake in Warid

4 Aug 2009

India’s The Economic Times claims that the Essar Group is seeking to merge its telecoms licence in Uganda with the operations of Warid Telecom. Warid, owned by the UAE-based Dhabi Group, launched GSM wireless services in February 2008 and now boasts a subscriber base of around 1.7 million. Essar, which bagged a Ugandan wireless network operator concession in June 2009, wants to combine forces with Warid and take a majority stake in the merged entity. The newspaper report also suggests that Essar is planning a similar tie-up with Warid in the Republic of Congo.

Uganda, Congo, Rep., Warid Telecom Uganda, Warid Congo,


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate



Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.