MTN Uganda loses USD14.4 million license case against regulator

MTN Uganda CEO Wim Vanhellepute (left) and UCC Ag. Executive Director, Irene Kaggwa Sewankambo exchange license agreements on July 10th, 2020. MTN, starting July 1st, 2020, acquired a 12-year 2nd National Operating License, at a fixed cost of USD100 million. Immediately after the new license, UCC in a letter dated July 22, 2020, directed MTN to pay USD14,140,030 as transitional licence fees for the transitional period October 21, 2018 to June 30 2020, an amount MTN contested in court and lost. PHOTO/Courtesy