MTN Uganda- Page 4

MTN Uganda’s H1 2025 results show double-digit service revenue growth and record margins, despite a Ush 110.9B tax settlement. CEO Sylvia Mulinge says strong data and fintech performance keeps the company on track to meet 2025 targets and deliver shareholder value."
MTN Uganda CEO Sylvia Mulinge is confident in sustaining growth momentum as data and fintech lead double-digit revenue gains, despite a Ush 110.9 billion tax settlement in H1 2025.

Despite UGX 110.9 billion Tax Settlement, MTN Uganda Posts Double-Digit Growth and Record Margins in H1 2025

MTN Uganda has reported strong first-half 2025 results, delivering resilient growth and improved profitability metrics despite regulatory challenges and a one-off UGX 110.9 billion tax settlement with the Uganda Revenue Authority (URA).
August 11, 2025
The MTN Uganda Board and Shareholders sat today for the Extraordinary General Meeting to approve the spin-off of the Mobile Money Unit from the main telco business.

MTN Uganda Shareholders Approve Mobile Money Separation from Main Telco Business

MTN Uganda’s shareholders have given the green light to a major corporate restructuring that will formally separate the company’s high-performing mobile money business, MTN MoMo, from its core telecom operations. The move,
July 22, 2025
A photo collage of MTN Uganda Board Chairperson, Dr. Charles Mbire, CEO Sylvia Mulinge, and MTN Uganda Mobile Money M.D, Richard Yego, MTN Company Secretary, Enid Edroma and CFO Andrew Bugembe. MTN shareholders vote today on separating its mobile money unit amid investor concerns, delays, and transparency issues. Will the deal finally pass?

After Some Pushback, Will MTN Shareholders Today Approve Separation of Mobile Money? 

MTN shareholders will today vote on a matter that has tested investor confidence and drawn due attention on one of Uganda’s most profitable companies for almost two months now. The vote, which
MTN Uganda has long been a dominant force in the country’s telecom sector, but over the past two years, the company has entered a new era of accelerated and multidimensional growth, powered by a dynamic Executive Committee and the transformative leadership of CEO Sylvia Wairimu Mulinge.

The Big Yellow Machine: Meet the MTN Exco Team Driving the Telecom’s Accelerated Growth

Behind every billion-shilling leap in revenue, every surge in subscriber numbers, and every bold Fintech innovation at MTN Uganda is more than just strategy—it’s a story of people. A story of a
Uganda Communications Commission headquarters in Bugoloobi. UCC continues to ensure that more Ugandans can communicate with ease at friendly costs. As the Commission marks 26 years, the achievements are not lost to all stakeholders.

Mobile Phone @30: How UCC Is Powering Nationwide Digital Transformation

When the Uganda Communications Commission (UCC) opened its doors over two decades ago, it was with a modest mandate to oversee the nascent communications landscape of a post-liberalisation era. Today, the Commission
Driving MTN Uganda’s record-breaking year: Richard Yego (CEO, MTN MoMo), Sylvia Mulinge (CEO, MTN Uganda), and Andrew Bugembe (CFO, MTN Uganda) led the charge behind UGX 641.5 billion in profit and UGX 506 billion in shareholder dividends. Yet, looming over this strong performance is a strategic pivot that has analysts sounding the alarm: the planned spin-off of its fintech arm—MoMo—could significantly alter the company’s growth trajectory and valuation dynamics.

MTN Uganda’s Record Profits Face Uncertain Future Amid Fintech Spin-Off

MTN in 2024 delivered yet another solid year, cementing its place as Uganda’s most profitable and actively traded listed company. With double-digit revenue growth and record earnings, the telecom giant showcased operational
MTN's Sylvia Mulinge (left) and Airtel's Soumendra Sahu. Telecoms are investing heavily in data-enabled infrastructure. For instance, in 2024, MTN and Airtel invested a combined UGX893.7 billion in infrastructure projects with a focus on 4G and 5G sites.
MTN's Sylvia Mulinge (left) and Airtel's Soumendra Sahu. Telecoms are investing heavily in data-enabled infrastructure. For instance, in 2024, MTN and Airtel invested a combined UGX893.7 billion in infrastructure projects with a focus on 4G and 5G sites.

Mobile Phone @30: Data is the New Airtime; Telecoms Shift to Digital-First Investment Models

Until 2007, mobile phone subscribers had largely known voice and short message texting needs. In fact, for a long time, the mobile phone had no major use apart from making and receiving
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