https://www.engineeringnews.co.za

Uganda to renew MTN Group's telecoms operating licence

18th September 2018

By: Reuters

  

Font size: - +

Uganda will renew the operating licence of the local unit of South African telecom company MTN Group, the state-run Uganda Media Centre said on Tuesday.

The renewal comes "with new stringent terms," the agency tweeted, without providing details.

MTN Uganda is the East African country's biggest telecommunications firm with more than ten-million subscribers and competes with a local unit of India's Bharti Airtel and other smaller companies.

It launched in Uganda in 1998 after acquiring a 20-year operating licence which was due to expire this year.

UCC has been reviewing its application for a ten-year extension of its licence since last year and last month the regulator told Reuters it was asking MTN to agree to list its shares on the local stock exchange as a condition for the renewal.

MTN was not immediately available to comment.

MTN Uganda has faced criticism on social media platforms such as Twitter and Facebook from some subscribers about data bundles getting used up quickly and the firm not responding to their complaints.

Uganda's telecoms sector has expanded rapidly over the last decade but analysts say a new tax on social media use could unravel some of those gains by jeopardising prospects for fresh investment in the sector.

Edited by Reuters

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.1 0.152s - 137pq - 2rq
Subscribe Now