The sale of Airtel Uganda’s 20% shares in what is now Uganda’s second-biggest initial Public Offering (IPO) closes this Friday, October 13th 2023. If you haven’t yet bought shares in the telco, which is now Uganda’s fastest-growing telco for the last 10 years, you have just 2 days to go. Many an analyst and investment banks such as Old Mutual Investment Group, Dyer and Blair as well as investors like Dr. Sudhir Ruparelia have given the IPO a good “buy” rating citing the telco’s past above-industry growth as well as positive industry projections, make the Airtel IPO a compelling…
How Airtel Uganda dialled the most remarkable comeback from a struggling pioneer telco to become the fastest-growing and most profitable telco

Architects of Airtel’s big and sustained comeback, (left-right), Tom Gutjahr, V.G Somasekhar, Manoj Murali who were Managing Directors from 2010 to date, and Hannington Karuhanga (extreme left), the board chairman since 2016.



