More Africa NewsMTN Uganda finally renews licence

March 16, 2020by myles0

MTN Uganda has agreed to pay USD100 million to renew its licence for a further ten years. The decision follows more than a year of negotiations, during which the South African-owned cellco has been forced to operate under a series of temporary permits. It was reported last year that the government was pushing for a USD118 million price tag on the ten-year licence, or USD150 million for a 15-year concession. According to TeleGeography’s GlobalComms Database, market leader MTN controls around 43% of all mobile subscribers in Uganda.

Source: TeleGeography

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