Wim Vanhelleputte, CEO MTN Uganda. He says the full re-opening of the economy in January has resulted in some uptick in demand and although this has not been as pronounced as expected

MTN Uganda Limited has in the first quarter of 2022 ended 31 march, recorded a steady progress despite challenging macro environment following a protracted lockdown due to COVID-19. Salient features: •          Mobile subscribers increased by 8.5% to 15.9 million •          Active data subscribers grew by 20.1% to 5.4 million •          Active fintech subscribers increased by 14.9% to 9.5 million •          Service revenue grew by 11.0% to UGX 536.3 billion •          Data revenue grew by 45.0% to UGX 115.6 billion •          Fintech revenue grew by 20.7% to UGX 144.8 billion •          Earnings before interest, tax, depreciation, and amortization (EBITDA) grew by…

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