The Wim Effect

2021 was one of MTN Uganda’s historic years. The company not only closed its much-awaited listing on the Uganda Securities Exchange on December 06th 2021, but it also set some new operating record highs. For example, for the first time in the company’s 23-year history, the company’s revenues, crossed the UGX2 trillion mark, reaching UGX2.06 trillion! Total assets, also crossed UGX3 trillion, reaching UGX3.3 trillion and customers surpassed 15 million, closing the year at 15.7 million. Loosely translated, MTN Uganda, in 2021, grossed UGX5.6 billion daily and made nearly UGX1 billion in net profit per day! At 15.7 million subscribers,…