The firm maintains a positive outlook going forward Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda recorded a 20% increase in profit after tax to Shs100bn in quarter one of 2022, signifying an improvement in profit margins. The performance was boosted by data revenue, which increased by 45% …
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Pan-African telecommunications service provider, SEACOM, unveiled its regional expansion strategy for the Ugandan and East African markets. Kampala, Uganda | THE INDEPENDENT | The launch held in Kampala on March 10 was attended by a cross-section of clients, business partners, staff, representatives of key government ministries and parastatals in Uganda, …
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Kampala, Uganda | THE INDEPENDENT | SEACOM, the pan-African telecommunications service provider, today announced it will acquire selected infrastructure assets from Africell in Uganda. The acquisition marks a significant step for SEACOM and is a testament to the company’s commitment to providing, competitive end-to-end connectivity and ICT solutions across the …
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Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Information Communication Technology and National Guidance on Monday tasked the National Telecommunication Operators, MTN and Airtel to improve on their network coverage and sensitize subscribers about the their tariffs. It follows a petition to Parliament by six concerned subscribers in November 2021. …
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The telco raised Shs535.9bn in undersubscribed IPO Kampala, Uganda | THE INDEPENDENT | The South African telecom subsidiary in Uganda, MTN, began a new journey on Dec.06, with the listing on the Uganda Securities Exchange, and the share price surging past the IPO price during the first week of trading. …
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However, the trade volumes between the two countries are in favour of the Asian nation Kampala, Uganda | ISAAC KHISA | China plans to deepen its influence in Uganda with the implementation of the China-Africa Digital Innovation initiative alongside other pledges in investment, trade and access to coronavirus vaccines. Chinese …
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The telecom firm plans to raise US$1.2bn in IPO Kampala, Uganda | ISAAC KHISA | Uganda’s biggest telecom, MTN Uganda, is set to reveal its new growth plans and opportunities on Oct. 11 when it publishes its indicative price range ahead of the expected US$1.2billion initial public offering (IPO). MTN …
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This will potentially be the largest IPO on the Ugandan market and will be delivered primarily through a digital paperless/ green platform which is the first of its kind in East Africa Kampala, Uganda | THE INDEPENDENT | MTN Uganda has today announced intentions to float 20% of their shares …
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Why Ugandan pundits are mistaken in their understanding of why some foreign firms have quit our market THE LAST WORD | ANDREW M. MWENDA | A couple of multinational firms have pulled out of Uganda in the last one decade. Oil giant Shell sold itself to Vivo, Barclays Bank …
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Revealing the networks of people with power Kampala, Uganda | THE INDEPENDENT | In the April 30-07 issue of The Independent, Andrew Mwenda; in his column, wrote an article entitled “Paved with good intentions: How Western interventions in African affairs, even when well intentioned, produce bad results.” In that article, …
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