In Facebook notes to their customers and the sundry, Vodafone Uganda has retaliated to claims about their possible exit, “bankruptcy” claims and other rumours making rounds about the company. We recently reported about the company being under administration but the tone used in these notes deviates from any selloff speculation but throws emphasis on restructuring the troubled telecom with the appointment of Mr. Donald Nyakairu.
The last note reads
Dear customers, this is to inform you that the directors of Afrimax Uganda Limited T/A Vodafone Uganda recently appointed a Provisional Administrator Manager, Mr. Donald Nyakairu, who has been charged with restructuring and reorganizing the company in a bid to improve commercial and operational efficiencies.
As a result, in the interim transition period, customers will experience a temporary deterioration in the quality of our network services as the Administrator implements the required changes and negotiates with suppliers.
We apologise in advance for any disturbances and inconveniences caused and reassure all customers that any unused data will be reimbursed once our network is fully restored.
And the the earlier one read
Vodafone Uganda will be embarking on a new strategy that will involve a significant realignment of its commercial focus and operational model.
While parts of this strategy are being implemented and others are in the process of being rolled out, the Board recently decided that it will be necessary to make further changes to turn around the company much faster.
To that end the board has decided to appoint an experienced Provisional Administrator to help better restructure the business. Forthwith, Mr Donald Nyakairu, a highly experienced corporate commercial lawyer with particular expertise in the information technology and telecommunications sector, with over 29 years’ experience, has been appointed Provisional Administrator of Vodafone Uganda.
The appointment of a Provisional Administrator is a standard business practice that aims to improve the fortunes of a company facing financial or administrative challenges.
The Provisional Administrator, in carrying out this mandate, has a professional duty to be independent and accountable to the diverse groups of people with different interests in the Company. These include directors, shareholders, creditors employees and customers. He will treat all these groups fairly and in accordance with their legal rights.
We have communicated this development to the Uganda Communications Commission and other relevant authorities who have expressed their full support for our efforts.
The board and the shareholders are confident that given Mr. Nyakairu’s vast experience in the telecommunications sector, this appointment will have a positive transformative impact on the Company and allow Vodafone Uganda to continue providing Uganda’s best 4G voice and data experience.
