Vodafone Uganda enters bankruptcy
23 February 2018
Debt-burdened Afrimax Uganda, which trades under the Vodafone Uganda brand, has filed for bankruptcy at the country’s High Court. A three-month protection order has been granted, and a report from New Vision suggests that the regulator, the Uganda Communication Commission (UCC), is waiting to hear from the telco about its plans for continuing services to its customers.
Vodafone Uganda has racked up debts with a number of its suppliers, including tower network owner Eaton Towers, which has led to some disruption to its services. Last month the telco issued a statement which read: ‘Vodafone would like to apologise to its customers for the deterioration in the quality of our service. We cannot immediately ascertain how long these challenges will persist, but are working closely with our partners to restore these sites back to full service.’
In November 2014 Vodafone Group of the UK entered into a non-equity Partner Market agreement with pan-African operator Afrimax Group to relaunch Afrimax Uganda as Vodafone Uganda. The partnership serves residential and business customers using a 2600MHz TD-LTE network covering much of greater Kampala and Entebbe. The Ugandan operation is wholly-owned by Afrimax.
Source: All Africa