R-Com in African foray
Reliance Communications turned a global telecom service provider as it announced on Thursday the acquisition of Uganda-based Anupam Global Soft (U) Ltd, a company holding a Public Infrastructure Provider Licence (PIPL) and Public Service Provider Licence (PSPL) issued by the Uganda Communications Commission. The company will be offering 2G and 3G mobile services, Internet services, national and international long distance services, and Wi Fi and WiMAX broadband — for the first time outside India.
Reliance plans to invest up to $500 million over five years to establish an integrated telecom network in Uganda. The company has already received spectrum from the Ugandan government.
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