Airtel Uganda’s 2023 profits fell UGX160 bn short of IPO promises⏤ Did MTN Uganda’s resurgence cut short Airtel’s much-hyped growth trajectory? 

Getting your Trinity Audio player ready… Airtel Uganda, the second largest telco, on March 4th, released its very first post-listing results, showing that for the first time in five years since 2019, it made an 8.8% drop in net profit⏤ from UGX 326 billion in 2022 to UGX 297 billion…

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