With UGX1.5 tn in accumulated losses, UGX258.3bn in debts amidst declining sales, how long can Africell hold its ground?
One step front, two steps behind: Can Africell survive an onslaught from MTN and Airtel, amidst declining sales, heavy losses and deep indebtedness?
Over the last month, the market was awash with talk that Eaton Towers
and ATC Uganda, the two biggest operators of cell towers in Uganda, had
switched off telecom operator, Africell Uganda over unpaid bills. That it took
the intervention of the regulator, Uganda Communications Commission (UCC) to
have them restored temporarily.
We reached out to UCC’s Executive Director, Eng. Godfrey Mutabaz
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