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TodayFriday, May 22, 2026

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.
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

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 serial decline,
February 4, 2026
END OF AN ERA: The assets of Uganda Telecom, following a February 2022 assets sale, will be transferred to UTCL, a new telco formed by government in a legal manoeuvre to avoid paying debts, most of which were owed by the same government.

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

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 previously owned
November 17, 2022
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Bemanya Twebaze (left) a former administrator of Uganda Telecom and Evelyn Anite the Uganda State Minister for Investment and Privatisation during a blood donation organised by Uganda Telecom. There existed very bad blood between the two over the management and attempted privatisation of the ailing telco.

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?

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 telco was
November 6, 2022
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Then Uganda Telecom Administrator Bemanya Twebaze (right) handsover to current administrator, Ruth Sebatindira in January 2020. The current administrator is finalising sale of Uganda Telecom to a newly formed and government owned telco.

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

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. The sale
October 30, 2022
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