(21 February 2008 4:00 pm)

MUMBAI: Reliance Communications Ltd has announced the acquisition of Uganda based Anupam Global Soft (U) Ltd, a company holding Public Infrastructure Provider License (PIPL) and Public Service Provider License (PSPL) issued by Uganda Communications Commission (UCC).

Under the existing licenses, Reliance Communications targets to offer mobile, fixed line, internet, national and international long distance services, in addition to WiMax and Wifi services in Uganda.

The acquisition, made through a subsidiary of Reliance Communications Ltd, marks the first step in the company's plans in the international mobile market.

The company has received spectrum allocation and plans to launch its mobile services by end of 2008.

Reliance Communications president global business Punit Garg said, "Uganda telecom market is similar to what India was 8 years back. Our expertise in managing among worlds largest integrated telecom network, and deep understanding of diverse consumer segments makes us confident to achieve a significant position to add further value for our 2 million shareholders."

Reliance Communications Group is targeting to invest upto $ 500 million (Rs 20 billion) in establishing a high quality, fully-IP enabled integrated telecom network in Uganda to capture the significant growth potential in this emerging African market, stated an official release.

Reliance Communications has ambitious global expansion plans and is concentrating on opportunities in emerging Asian and African markets.