Uganda Telecommunications Corporation Limited Archives

IT HAS ENDED IN TEARS: Uganda Telecom to be transferred to UTCL; the new gov’t owned telco outfit; over 110 companies to lose over UGX300bn in unpaid debts

The CEO Magazine TeamCompany News News & Analysis The Big StoryNovember 17, 2022November 18, 2022

Uganda Telecommunications Corporation Limited (UTCL)—the newly formed government-owned telco is expected to, this Friday, November 18th, 2022, take over the assets of the now insolvent Uganda Telecom. Uganda Telecom was…

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 TeamCompany News Industry & Analysis 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,…

The rise and death of Uganda Telecom and the birth of the new UTCL, a new 100% state-owned telco. But has Gov’t really learnt or forgotten anything?

The CEO Magazine TeamCompany News Government Agencies Industry & Analysis Politics & Government The Big StoryNovember 6, 2022March 23, 2023

In the period leading to the 2011 fall and subsequent death of Libyan Leader, Col Muammar Muhammad al-Gaddafi in October 2011, Uganda Telecom was a promising company. The previously state-owned…

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

Muhereza KyamuteteraGovernment Agencies Industry & Analysis Politics & Government 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….