UCC- Page 3

MTN Uganda CEO Wim Vanhellepute (left) and UCC Ag. Executive Director, Irene Kaggwa Sewankambo exchange license agreements on July 10th, 2020. MTN, starting July 1st, 2020, acquired a 12-year 2nd National Operating License, at a fixed cost of USD100 million. Immediately after the new license, UCC in a letter dated July 22, 2020, directed MTN to pay USD14,140,030 as transitional licence fees for the transitional period October 21, 2018 to June 30 2020, an amount MTN contested in court and lost. PHOTO/Courtesy

MTN Uganda loses USD14.4 million license case against regulator

Telecom firm, MTN Uganda Limited has lost a High Court legal battle in which it was challenging the payment of $14, 140,030 (about Shs50billion) as license fees for the three-year transitional period.
April 26, 2021
Telecoms took big revenue hits on mobile money and voice calls but made minor gains on data revenue. With Uganda’s 2020 growth projections lowered to between 2.5% and 3.5%, medium term future still remains shaky

COVID-19: Telecoms voice and mobile money revenue falls by 26 per cent and 34 per cent respectively

Reduced intra and foreign trade as well as travel restrictions imposed by government to contain the spread of the Covid-19 causing coronavirus has badly hit telecom companies in Uganda. According to a

 

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