MTN Uganda renews licence for US$100m

MTN Uganda renews licence for US$100m

After over a year of negotiations, MTN Uganda has reached an agreement to renew its licence for US$100 million.

The renewal will validate MTN Uganda’s licence for the next ten years. For the past year, the operator has been obliged to deliver services via a number of temporary permits.

The final figure is below the reported US$118 million that Uganda’s government was pursuing for a ten-year concession – although it appears to be proportional to the US$150 million that was reportedly being sought for a 15-year licence.

MTN’s Ugandan unit has a market share of around 43%, according to the Globalcomms Database.

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