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March 23, 2026
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    Uganda Telecommunications Corporation Limited

    Investment Minister Evlyne Anite had until recently been the biggest push factor behind UTL’s revamp, while ICT Permanent Secretary Aminah Zaweede, is at the forefront of a ministry that holds majority of government’s equity in UTCL. The appointment of Paul Patrick Ikopit as UTCL chief executive officer in April had carried hope, but it seems to be fading. Nearly a year after government announced a major private equity-backed revival, Uganda Telecom’s rebrand remains stalled, with promised capital yet to materialise as competition in the telecom market intensifies.

    Left in limbo: The UTL Revival and Rebrand Being Tested by a Capital Promise that has Refused to Arrive

    CEO East Africa MagazineThe Big StoryFebruary 4, 2026February 4, 2026

    For nearly a decade now, state-owned telecom has been locked in a cycle of crisis and hopeful relaunches. The story of the Uganda Telecom Limited (UTL) revamp is one of…

    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 NewsNews & AnalysisThe 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 TeamBusiness & MarketsCompany NewsThe 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 TeamBusiness & MarketsCompany NewsPolitics & GovermentThe 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 KyamuteteraBusiness & MarketsPolitics & GovermentThe 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….

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