The Essar Group is likely to merge its telecom licence in Uganda with the operations of Dhabi Group’s Warid Telecom

The Essar Group is likely to merge its telecom licence in Uganda with the operations of Dhabi Group’s Warid Telecom. The group intends to buy a majority stake in Warid Telecom Uganda for about $190 million. Warid, owned by the UAE-based Dhabi Group, launched GSM wireless services in February 2008 and now has a subscriber base of around 1.7 million. Meanwhile, Essar is planning a similar tie-up with Warid in the Republic of Congo with Essar vying for a majority stake in Dhabi Group’s Warid Telecom Congo.