The Big Story

Positive growth momentum driven by solid commercial execution ⏤ Sylvia Mulinge’s Q3 2023 letter to shareholders  This morning MTN Uganda released its Q3 2023 performance, covering the first 9 months of 2023 in which the telco reported good growth in both the number of customers and revenue growth across data, voice, fintech and digital segments. As a result, profit after tax increased by 21.1% to UGX354.4 billion. In a commentary accompanying the results Sylvia Mulinge, the Chief Executive Officer, has promised a strong year-end finish, fuelled by brilliant commercial execution and aided by an improving macro-environment.

by The CEO Magazine Team

MTN Uganda maintained a positive growth momentum in the first nine months of 2023, on account of solid commercial execution and improved performance of the current macroeconomic environment. Inflation in…

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