Uganda’s communications commission (UCC) launched a public consultation process for the acquisition of telecoms firm Eaton Towers by rival American Tower Corporation (ATC).
The regulator is inviting citizens and sector players to provide written comments, during the consultation period which runs from August 19 to September 2, regarding the looming merger between the two companies. This measure lies within the framework of the section 38(2) (d) of the Act and Regulation 7 (2) (d) of the Telecommunications Licensing Regulations SI No. 20 of 2005 which stipulates that before determining whether or not to grant an application for grant/merger of license, the Commission must consider the public interest.
Eaton Towers Uganda Limited and ATC Uganda Limited have been operating as infrastructure service providers in Uganda since 17 April 2012 and 22 August 2015 respectively. Both companies have secured 15-year Public Infrastructure Licenses (PIPs).
In the event of a successful merger, these two companies, which will combine their interests, ownership and operations, will then form a major provider of passive infrastructure services to the Ugandan telecommunications sector.
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...
Orom-Cross plans to produce 20,000 tons of graphite annually in Phase 1, with $40 million in startup capital. Blencowe Resources signed a new...
PR-PICA forecasts Mali’s 2025/26 seed-cotton output at 433,700 tons, down 34% year-on-year. Benin’s harvest is expected to reach 632,000 tons,...
AJN Resources moves deeper into African gold with deal for 55% of DRC’s Giro project Acquisition adds Kebigada and Douze Match deposits as gold...
Proparco lends $23 million to Sonoco to build a 600-ton/day flour mill in Freetown Project aims to cut flour imports and supply regional...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...