The Big Story

With UGX1.5 tn in accumulated losses, UGX258.3bn in debts amidst declining sales, how long can Africell hold its ground?

by Muhereza Kyamutetera 0
One step front, two steps behind: Can Africell survive an onslaught from MTN and Airtel, amidst declining sales, heavy losses and deep indebtedness?
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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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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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