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Warid merger shakes market - Airtel Africa

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I<br />

Ailments<br />

Rev&e~uUumlyskeenm~(kir. ,<br />

handsonthesame~itmuld~<br />

someopftalgaimtaxaantingfromdie<br />

transachon Workers m bolh awn@&<br />

are wary of what the metger muld meen<br />

tothrjolas. Howm,managementhas<br />

urged*=ploF--~<br />

"customesswithtksarnezesttilatckqr<br />

have been demmshth all t ke vears.<br />

u g d a c o m m d c o d<br />

WCC) execuhve dkdvr. badad the ded<br />

"ItLindeedagwddealfort~e~<br />

niesandLorUle-,"hssaidad*<br />

MIN would now hau~a~onnpwOr bZBn #0d<br />

r--JCI<br />

~Pf.qmabaa<br />

Z X e U C C & * ~ b o ~ that more -likely one to atttaci more subsaibers<br />

-.mnataftecsednega*bp:<br />

h-.inm..<br />

and would ~IVW its marhet share.<br />

. . $ ..~~~~fidals Hesaysewnifthecqqymimdonot<br />

Hi;*<br />

code, &by respondtoUCCscaUastO~onon<br />

-,-<br />

. . thelrown shift to the n&wo& that offem<br />

-.~jselta, &q&,@ m*, reliabluty, creativity and bettersolu-<br />

$&i&@~itt~U**<br />

$$#+it @5:~.ar!tualed~hmmW. accommodate mae playeis &longer as<br />

&&& ~; . ~.?ci@iwtn'<br />

theymnahhovativeandcreatiwby<br />

Ue:wF-wd b& on board pmducts that not only<br />

Rutthatisyet&besoar. a& not able to accommodate manu-<br />

W said* Auld-<strong>Warid</strong> deal reau- tors<br />

labyappmvalspprovalwouMne+takelong,m& He said dher <strong>market</strong> analysts stdl Mew<br />

ingfhaewillbeac&mdmbgpmcessas the <strong>market</strong> can only accommodate three<br />

~~tesWaIidUganda compdes in the voice and data segments<br />

He said however, he mark& is open for "and mast likelv there will be another take<br />

new playem and the Md-be <strong>merger</strong>s.<br />

"Our<strong>market</strong> has mcae<br />

~toothwrm~e wxG?EZ%e<br />

saidRwandahaseight williontelecom<br />

mbaibmmththreeoperabns, which<br />

ixa &sign tha( U@ whose total<br />

~n~aredoseto17m1Uion,<br />

could even ammndak double Rwanda's<br />

.. , ,'<br />

~e anmtned h& thp regula~~'s view<br />

c h a t h e ~ ~ p m e n t ~ ~ ~<br />

.-<br />

Midraelh'iyik$eka,aninfcflMIla,d .<br />

aekannmrmica-expntalsoaeolrclutat<br />

at CkMM Group, said comwfitim~<br />

a b d maturners to their newark but arr<br />

bene8claltothem.<br />

He backad-agnge'smtrationon<br />

ctreasa-t-it-ittoranain~~ctreaar%rnW<br />

~ ~ i t s ~ o l r e & b ~ 1 d e s t<br />

i n ~ ~ @ V a 8 i t ~ t<br />

andcatchupwitho&ersaadwingmd<br />

&share.<br />

"Butthatsqidnpthhrgiastatio~tfris<br />

aarlcet"hesid"tniaraneadpwmare<br />

rnesgm and acqliSiB0~8P m<br />

that Charles Oaa, the execuhve ~ &OI of loyaltv to the alte<br />

Enterprise Uganda, says. Whde they says.<br />

hurt business<br />

divert this money to set up medium term<br />

investments, he adds, such inv@ments 1<br />

5.w-<br />

may be risky because they do not generate<br />

jnmediate cash hence cause cash flow<br />

t's common to hear of busineses that instability. Others weigh the probability Many succ~ful businesses hire tax<br />

,have been dosed or had their directors of getting caught and pavinp, a penalty advisors whileothers have tax xhedules. 1 armted by the tax aurtsolifies because ag&t &e pr6babilit); oi be&iable t6 "If you are caught evading taxes, negoti-<br />

1f lax evasion. Some are stin buying time keep the evaded income. It is a risky . game - ate with Uganda Revenue Authority how 1<br />

to dear their tax arraa~ WhwWhw@ try to thaimust be avoided at all costs. you are to get the problem &rted<br />

I<br />

reduce your taxes by mwdng incaw, Odd ates possible arrest and prosecu- out. Commit yourself to meet d your<br />

inflahgexpemes,~of~ tion, operation intem~ptions, huge penal- . tax obligations," Ocki advises. If you are<br />

and willful violatbnof~ @laws. you ties, image damam, customer loss as du&t up m a hwe tax bill, you d d<br />

have cummined theoi6eroedk ei&m. some of he mmiquenca of tax evasion. liqddathsume of your assets or lake up a<br />

"So~~ualsm&e~because"You will loeecustomers and it is difficult bank loan if you are credit worthy ass<br />

to win them back because they can shift resort..<br />

- H

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