The Big Story

SUSTAINED ALL-ROUND POSITIVE TRAJECTORY⎮ Sylvia Mulinge’s Q1 2024 letter to MTN Uganda shareholders Uganda's largest telco, MTN, has released its quarter-one results posting continued growth momentum the company posted at the end of 2024. The growth is underpinned by morels similar growth in mobile subscribers which in turn powered faster growth in voice, data and fintech revenues. In this, her public letter to stakeholder Sylvia Mulinge, the telcos CEO summarised the performance as a "sustained a positive trajectory across all business segments" and "robust financial result".

Since joining MTN Uganda in October 2022, Sylvia Mulinge has dialled growth at the telco, especially in the previously stagnating voice segment.
by Muhereza Kyamutetera

MTN Uganda sustained a positive trajectory across all business segments amidst heightened pressure on key macroeconomic indicators. Average YoY inflation subsided to 3.2% in the quarter (Q1 2023: 9.5%), although…

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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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