The proposed merger between Orange and T-Mobile gets all the nods from competition authorities and government bodies in UK and Europe. This signals the creation of UKs largest mobile operator with 30 million users and a market share of around 37 percent.

Timotheus Höttges, the CFO of Deutsche Telekom said- “The negotiations were conducted in a fair way and I am certain that this spirit of professionalism and partnership will shape the future of our joint venture. It will set new standards as number one in UK mobile market.”

Of late, T-mobile has faired well but Orange has been fairing below expectations with its fixed broadband customer base dwindling to below the 1 million mark.

Most analysts believe that the merger will allow the companies to better leverage their synergies and develop competitive synergies in high growth sectors such as mobile broadband and roll out innovative services.

MTN in Uganda has raised USD 100 Million for network expansion with Absa Capital as the lead arranger.

Stanbic Bank, Standard Chartered, Kenya Commercial Bank, Barclays, DFCU and Orient bank participated to raise the amount.  Isaac Nsereko, chief marketing officer of MTN Uganda confirmed the development to Reuters.

Uganda has a total of 6 telecom players: Uganda Telecom (UTL), Zain, Orange, Warid, I-Telecom and MTN. MTN is the largest with 60% market share and just under 5 million subscribers, according to Isaac Nsereko.

Tagged with:
 

People living in the USA can for the first time top-up the phones of their friends and family in Brazil, thanks to a new online service from payments specialist Upaid Systems.

RechargeBrazil.com is the first website of its kind: a bilingual English/Brazilian-Portuguese service accessible via any internet connection. Traditional long-distance phone recharge services have
required purchasing credit in a participating shop.

“RechargeBrazil is the latest ground-breaking service from Upaid and a real step forward for expatriate Brazilians living in the US,” said Simon Joyce, Upaid CEO. “It further broadens Upaid’s portfolio of over a thousand patents covering markets from Asia to the Americas.”

Upaid customers can already pay bills, make credit card payments, and top-up phone credit via a mobile handset. RechargeBrazil.com represents a first move into online services for Upaid, the international mobile payments specialist operating since 1997 and headquartered in the UK.

“Upaid investors can be proud of the new service, and confident it will bring still more value to the company,” said Joyce. Investors include billionaire investment banker Kenneth Langone and the Zeist Foundation: a charitable trust for underprivileged children and adolescents.

Working with PayPal, the global leader in safer online payments, RechargeBrazil.com has been launched with a consortium of Brazilian mobile operators including Vivo, Claro, TIM, Telefonica and Embratel. It is also available for Brazilian Portuguese speakers as RecargaBrasil.com.

PayPal customers can easily send phone credit to family and friends in Brazil by entering the mobile operator, location and telephone number of the person they wish to send phone credit to.

Alberto Rodrigues, Regional Operations Manager of Upaid Brazil commented, “RechargeBrazil.com is an innovative service that showcases the payment technology offerings of Upaid, creating a unique service and enabling users to top-up mobile phones in Brazil quickly, safely and securely.”