Profile picture
Ibrahim Bbossa #IKB @IBbossa
, 6 tweets, 4 min read Read on Twitter
#COMMENTS on the @Airtel_Ug @K2Telecom endorsement agreement.
Is the Airtel/K2 transaction a merger or acquisition? What does it mean for K2 customers? Has @UCC_Official approved this transaction?
The Airtel/K2 transaction is neither a merger nor acquisition. It's a brand endorsement arrangement, were K2 entered into agreement allowing @Airtel_Ug to use her Trademark, Brand name (K2 Telecom) & Resources to market @K2Telecom products & services to customers @UCC_Official
Under the Brand Endorsement Agreement, K2 customers will continue enjoying the same or similar services with a different code prefix (0708). The customer migration will be voluntary. Customers will exercise their contractual right to either move to Airtel or not.
@K2Telecom will remains the sole and exclusive owner of the K2 Trademark and Brand. In the marketing of K2's telecom Products and Services, Airtel will be free to state that the K2 Trademark and Brand is "powered by Airtel"
In addition to @K2Telecom Products and Services, customers will have access to telecom services provided by Airtel including Voice, Data, Airtel Money and Value Added Services. K2 Customers will access support & customer care services at all Airtel's Points of Sale @UCC_Official
Is UCC ok with this transaction? Yes. As a regulator of the communication sector, @UCC_Official is always available to support its licensees in coming up with any innovative ways through which communication services are offered in the country.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Ibrahim Bbossa #IKB
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!