Ahead of its Initial Public Offering, which the company says happening “so soon”, Airtel Uganda has revealed that it made a net profit of UGX326 billion for the year ended 31st December 2022. This was revealed by Mr. Manoj Murali, the telco’s Managing Director, at today’s press conference, held to brief the media on its intended publishing of a prospectus and floating of shares on Uganda’s main investment market segment- the Uganda Securities Exchange. “We are currently the co-leader in the market with 49% revenue and 47.3% subscriber market share, respectively. The Company has 13.8 million active subscribers across 146…
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