Uganda Telecom Insolvency Archives

UNHAPPY ENDING: List of companies, owed by Uganda Telecom that won’t get a coin from the telco’s assets sale and transfer to UTCL

The CEO Magazine TeamBusiness & Markets Company News The Big StoryNovember 17, 2022November 17, 2022

As per the insolvency law, the biggest chunk of the proceeds will go towards paying bank loans, statutory obligations, pensions arrears of former Uganda Posts and Telecommunications Corporation (UPTC) staff,…

EXCLUSIVE: Uganda Telecom dissolved; newly formed Gov’t owned telco buys assets at USD 81.3 million

Muhereza KyamuteteraBusiness & Markets Politics & Goverment The Big StoryOctober 30, 2022April 9, 2024

Uganda Telecom, the troubled former Libyan and Ugandan governments-owned telco has been sold to a newly formed Uganda government telco at UGX316.4 billion, CEO East Africa Magazine can exclusively reveal….