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VG Somasekhar

The partnership enables the entities to introduce two Trust accounts will enable mobile money traders and consumers to access electronic cash or what is commonly known as float. Courtesy photo

MTN, Airtel restore mobile money services

MTN Uganda and Airtel Uganda have restored mobile money services between the two networks. In a joint statement today, Wim Vanhelleputte, Chief Executive Officer MTN Uganda and VG Somasekhar, Managing Director Airtel
October 12, 2020
Although Ronald Azairwe (right), the Pegasus Technologies Managing Director declined to talk on record about the incident, Anne Juuko (left), Wim Vanhelleputte (2nd left), and VG Somasekhar (2nd right), the CEOs of Stanbic Bank Uganda, MTN Uganda, and Airtel Uganda respectively, admitted there was an “incident”, but did not give details. Police has also confirmed that an electronic fraud matter has been lodged with them and investigations are in the offing.

Hackers break into mobile money system, make off with unspecified billions belonging to Airtel, MTN, Stanbic, and other financial institutions

Unidentified hackers broke into the systems of Pegasus Technologies, a company that integrates mobile money transactions between telcos, banks, and other local, regional, and international money transfer services, making off with a
October 5, 2020
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Participants in Airtel’s Kabaka Birthday run. Airtel over 10 years has integrated itself into the lives of Ugandans not only through vital telecom and digital services, but also as a good corporate citizen and as partner to the government through being fully respectful and compliant to Uganda laws and regulations. The company was recognised as Uganda’s Top Tax Payer for 2018.

10 years and 10 million customers- Airtel Uganda marks a decade of transformation in Uganda

Airtel Uganda, has today kicked of a celebration of its 10 years anniversary in Uganda- a feat the company has dubbed “10 years of transforming and enriching the lives of Ugandans.” Airtel
June 8, 2020
Airtel Uganda, Managing Director, V.G Somasekhar under whose leadership AIrtel has made significant market progress has resigned his position and is said to be returning to India.

V.G Somasekhar resigns as Airtel Uganda Managing Director

V.G Somasekhar, Airtel Uganda’s Managing Director has resigned his position as Managing Director, CEO East Africa Magazine has exclusively learnt. Raghunath Venkateswarlu Mandava the Airtel Africa CEO, broke the news to all
March 3, 2020
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