Uganda's Warid Telecom announced on Monday that it had invested some $25 million for network expansion in Uganda in an effort to boost its overall product and connectivity in the country. Warid's Chief Executive Officer Sriram Yarlagadda told reporters that “this resulted into significant growth in market share. We are set to spend a further $25 million by mid-year.” The company hopes it can continue to make inroads into the fast-growing and expanding telecommunications industry in Uganda, which has grown massively in recent years. The CEO also announced that the company was handing over a call center operation to India's Spanco BPO as part of its cost-cutting initiatives. They will form a joint company, Spanco Raps Uganda, which will manage all Warid's outsourcing and call center operations, including inbound calls to the company in Uganda. The group will be remunerated on the basis of calls handled, top officials told the media in Kampala yesterday. The group handles 30 telecom operators in India with a total of one million calls daily. BM ShortURL: http://goo.gl/fAE58 Tags: Investment, Telecom, Uganda, Warid Section: East Africa, Tech
