Buganda Kingdom has joined forces with telecommunications company Airtel Uganda to breathe a new life into K2 Telecom which was in May of this year closed by Uganda Revenue Authority (URA) over failure to pay taxes totaling to Shs95.8m.
K2 Telecom is owned by the Buganda Kingdom as major shareholders, alongside other managing partners, including former finance minister Maria Kiwanuka and Kiwalabye Male, the chief executive officer of Buganda Land Board (BLB).
The telecommunications company which was established in 2013 offers both SMS and data services and it is headquartered on Ring Road in Katwe, Kampala. It has however faced a number of wide-ranging issues since its launch including being switched off in 2017.
But in the latest development, the company could be headed for a brighter future if the new it has signed with Airtel, which is the second biggest telco in the country, works out as planned.
Must read: Facebook to Museveni: We’re not making much money from Uganda
The Head of Brand and Communication, Airtel, Remmie Kisakye has said that the new agreement will see “people in Buganda get an opportunity to buy a co-branded K2-Airtel SIM cards in the 0708 series from any Airtel service center and other authorized outlets at a price of UGX2, 000.”
"As part of the agreement, people in Buganda will get an opportunity to buy a co-branded K2-Airtel SIM cards in the 0708 series from any Airtel service center and other authorized outlets at a price of UGX2, 000," the Head of Brand and Communication , Remmie Kisakye commented. pic.twitter.com/oQX7rOJJ3N
— Airtel Uganda (@Airtel_Ug) July 27, 2018
The event to sign the deal was held at Bulange, Mengo, where the kingdom headquarters are located.
This afternoon, Airtel Uganda and K2 Telecom will sign a brand endorsement agreement that will see K2 subscribers enjoy all the services offered by the #TheSmartphoneNetwork. This announcement will be made at a press conference happening now at Bulange Mengo. pic.twitter.com/XcQXnv9KFv
— Airtel Uganda (@Airtel_Ug) July 27, 2018
Speaking at the event, the Buganda Prime Minister Peter Mayiga, said: “I am pleased to announce to Buganda and Uganda that the Kingdom of Buganda has partnered with Airtel Uganda to relaunch K2 brand under the new code 0708 now offering. I urge all people in Buganda and Uganda to join K2 – ‘Eyaffe'”.
“I am pleased to announce to Buganda and Uganda that the Kingdom of Buganda has partnered with Airtel Uganda to relaunch K2 brand under the new code 0708 now offering. I urge all people in Buganda and Uganda to join K2 – “Eyaffe”, the Katikkiro of Buganda, @cpmayiga commented pic.twitter.com/721uu34evH
— Airtel Uganda (@Airtel_Ug) July 27, 2018
On his part, the Airtel Managing Director, Mr. VG Somasekhar, said: “Through this partnership, we are giving back to the people of Buganda through the provision of quality services and reviving the K2 brand so that Baganda continue to celebrate the pride within the Kingdom.”
“Through this partnership, we are giving back to the people of Buganda through provision of quality services and reviving the K2 brand so that Baganda continue to celebrate the pride within the Kingdom.” the Managing Director, Mr. VG Somasekhar commented. #TheSmartphoneNetwork pic.twitter.com/GWUOthsULe
— Airtel Uganda (@Airtel_Ug) July 27, 2018
Related:
URA closes K2 Telecom offices over Shs95.8m debt
Airtel, Smile in interconnection dispute over debts
