When Soumendra Sahu took over as Managing Director and Chief Executive Officer of Airtel Uganda in December 2024, he stepped into one of the most competitive, politically sensitive, and fast-evolving sectors of Uganda’s economy. Telecom is unforgiving: customer expectations shift daily, technology cycles move at speed, and regulatory, security, and customer trust issues sit permanently in the spotlight. One year on, December 2025 marks a meaningful checkpoint — not just of activity, but of direction. What has emerged over Sahu’s first twelve months is a leadership style anchored in execution, discipline, and scale, with a clear bias toward long-term infrastructure,…
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The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The latest edition of the Black Diamonds Update by Crested Capital highlights counters that achieved total shareholder returns above 25% between January and September 2025. Bank of Baroda and QCIL lead the pack At the top of the list is Bank of Baroda (BOBU), which recorded a staggering 97.75% total shareholder return. This was driven by a sharp rise in its share price from UGX 22.25 at the start of the…
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Airtel Uganda, a leading provider of telecommunications and mobile money services, today presented a dividend cheque of UGX 50.3 billion to the National Social Security Fund (NSSF). This significant payout follows…
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 calls, and occasionally sending short text messages. However, in 2007, after 11 years of launching in 1998, MTN broke new ground with the launch of WiMAX broadband services, a cutting-edge product that would propel mobile phone users into the future. By 2007, it had been 12 years since the launch of the first mobile phone in Uganda by Celtel, and later by MTN, which launched in 1998….
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The government of Uganda has undertaken deep and wide policy reforms in the ICT sector intended to transform the lives and fortunes of Ugandans. Legal and regulatory reforms, such as…
Airtel Uganda today unveiled its ground breaking AI-powered Spam Alert Service, becoming the first telecommunications provider in East Africa to offer network-level protection against fraudulent messages. This launch also makes…
Airtel’s Managing Director, Mr Soumendra Sahu has confirmed a plan to double Airtel’s investment in data, which will be a key priority this year and beyond, as the telco maintains…
Airtel Uganda has a new boss, Soumendra Sahu. He joins Uganda’s second-largest telco at an interesting time— increasing competition from MTN, the market share leader, and other independent ISPs. There are also unmet shareholder growth expectations promised during the telco IPO. The new boss must invest more in the network to boost 5G adoption, expand smartphone penetration, address operational costs, and counter Starlink’s looming entry. Airtel must innovate to maintain its edge in data revenue and tackle a shrinking market share, especially in voice services. Additionally, stabilising leadership following key staff exits and managing regulatory and economic pressures will test…
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Airtel Uganda and Buganda Kingdom’s K2 Telecom have renewed their long-standing partnership, reinforcing their shared commitment to providing innovative and inclusive telecommunication services to Ugandans. This renewed collaboration, which extends a partnership that began in 2018, offers K2 Telecom customers seamless access to Airtel Uganda’s comprehensive range of services, including phone, internet, and mobile money, while maintaining the unique K2 prefixes 708 and 709. Soumendra Sahu, Managing Director, Airtel Uganda, emphasized Airtel’s continued dedication to fostering meaningful partnerships that bridge digital gaps and promote inclusivity across Uganda. He said, “The renewal of this partnership is an indication and commitment to…
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Soumendra Sahu is set to take over as Airtel Uganda’s new Managing Director following Manoj Murali’s retirement at the end of this month. Soumendra is a ‘Big Boy’ in the telecom business having spent a bigger part of his career at Bharti Airtel in Gujarat, India, where he has been serving as the Chief Executive Officer since 2020. Before being appointed Chief Executive, he rose through the ranks from being Vice President of Marketing in 2015, Head of Sales of Operations in 2017 and Chief Operating Officer from 2017 to 2020. Soumendra has over twenty years of experience in intensive sales…
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