Kampala, Uganda | THE INDEPENDENT | The cyber detectives at Criminal Investigations Directorate – CID have arrested three more people in connection to the ongoing investigations into the hacking of Pegasus technologies and causing loss of billions of shilling to two telecommunication giants and two Banks. Hackers early this month …
Read More »Can MTN’s new CEO fix current troubles?
The South African telecom firm plans to refocus on Africa and mobile money | THE INDEPENDENT | MTN Group’s new CEO Ralph Mupita is expected to manage by capitalising on technological growth and demographic dividends within Africa to cement its position as the continent’s largest telecom services provider. He comes …
Read More »Team set up to probe hacking of bank, telecom systems
Kampala, Uganda | THE INDEPENDENT | The Director of Criminal Investigations Directorate Grace Akullo has set up a team to investigate the alleged hacking into the electronic systems of a bank and two telecom companies. The hackers allegedly accessed systems of Pegasus technologies that manage electronic transactions of telecom companies …
Read More »MTN appoints new CEO
Johannesburg | THE INDEPENDENT | Chief Financial Officer of MTN Group Ralph Mupita will on September 1 take over from Rob Shuter as president and CEO. “After a rigorous and extensive search process, we are pleased to have appointed someone of Ralph’s calibre, experience and ability to fill the group president …
Read More »MTN Uganda registers Shs442bn net profit
The company executives say focus on digitization will drive growth of business going forward Kampala, Uganda | JULIUS BUSINGE | MTN Uganda has reported a 9.1% increase in net profit to Shs442.6billion for the first six months of 2020. According to company’s latest interim results, the performance was driven by …
Read More »MTN Uganda gets 12 more years
Kampala, Uganda | THE INDEPENDENT | Government has reached an agreement with telecom company MTN Uganda to renew its license for a period of 12 years. MTN will pay sh372 billion for the license that commences on July 1, 2020. The telecom company said in a statement on Saturday that …
Read More »MTN ordered to pay UGX 44.2b to URA in two court cases
Kampala, Uganda | THE INDEPENDENT | Telecommunications giant MTN Uganda has been ordered to pay Uganda Revenue Authority – URA- 44.2 billion Uganda Shillings in two separate court cases that could forever define how telecoms pay their taxes. In one case, MTN will pay 24.2 billion Shillings on the dispute on …
Read More »MTN Uganda records 12.5% growth in revenue
The telco is said to have agreed to pay $100-million for the renewal of its operating licence Kampala, Uganda | ISAAC KHISA | A double digit growth in data and mobile money services helped MTN Uganda to record a 12.5% growth in revenue to Shs1.4trillion last year compared with 2018. …
Read More »MTN CEO to step down
Johannesburg. South Africa | THE INDEPENDENT | MTN Group’s president and CEO Rob Shuter will step down in March 2021 at the end of his contract, the company confirmed Wednesday, as it released its financial results for year ended 31 December 2019. “CEO Rob Shuter will be stepping down from …
Read More »Telecoms take the heat to traditional Pay-TV firms
Television still dominates the content space Kampala, Uganda | ISAAC KHISA | Telecom firms are slowly taking the battle for consumers to traditional Pay TV’s door step with the matching of the rival’s content either through partnerships or own content plays. MTN Uganda unveiled the YOTV in partnership with Al …
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