Telecommunications service provider SEACOM unveiled its regional expansion strategy to include Ugandan and East African markets
According to a report by The Independent, SEACOM Group CEO Oliver Fortuin, flanked by SECOM Managing Director for East Africa, Tejpal Bedi and SEACOM Uganda account managers Dennis Okiror and Rodney Mujuzi said the regional expansion strategy has received a huge boost with the acquisition of Africell’s fibre infrastructure assets to propel their service offering in Uganda.
Bedi said the regional expansion strategy is a testament to SEACOM’s commitment to provide competitive end-to-end connectivity and information communication technology solutions across the region.
He said, “East Africa and Uganda have been an important market for SEACOM ever since we first arrived on the shores of Mombasa in 2009. By officially establishing ourselves in Uganda through proprietary facilities and resources, we are prioritising widespread connectivity and opening up prospects to work with businesses in search of quality communication services.”
Fortuin said the regional expansion strategy would see the firm make significant strides in offering added value to their clients by improving on their current physical network.
“As part of the regional expansion, we will increase our fibre footprint within Kampala and surrounding towns. The acquisition goes hand in hand with our five-year strategy into expanding operations in the region,” he added.
SEACOM has provided wholesale solutions to Uganda since its inception in 2009 and corporate solutions since 2018. It enjoys a large footprint in Uganda’s financial services sector and works with government and non-governmental organisations, including those in the education, technology and hospitality sectors.
Speaking at the same event, Joseph Kiggundu, the Uganda Investment Authority director in charge of the One Stop Center said, SEACOM has taken gigantic strides since it launched Africa’s first broadband submarine cable system along the continent’s Eastern and Southern coasts in 2009 to this day.
The other favourable factors include Uganda being the most open country in the region for Foreign Direct Investment, having highly competitive labour costs, strong natural resource base and is friendly, an entrepreneurial nation.