Kampala, Uganda | ISAAC KHISA | Uganda government plans to use the money it will get from the sale of a stake in the embattled telecom firm, UTL, to settle Libyan government and other debts. The Libyan government through a private company, Libyan Post, Telecommunication and Information Technology Holding Company (LPTIC) …
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UTL: Managers say revenue is up 7% monthly Kampala, Uganda | ISAAC KHISA | It has been turbulent times for the Uganda Telecom Ltd in the past few years but there are signs that it is finally turning things around since government placed it under provisional administration six months ago. Once …
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UTL: Finance Minister, PS Muhakanizi says the new move is to drive internet price cuts in the country Kampala, Uganda | ISAAC KHISA | Uganda government’s new plan to procure all mobile and fixed telephony communication services as well as internet from Uganda Telecom Limited (UTL) at a lower price is …
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Uganda Telecom, placed under provisional administration by government remains in the news for the wrong reasons. A May report from a parliamentary select committee on management and performance of UTL indicated that company bosses; MD, chief finance officer, chief legal officer and chief human resource officer earned a total of …
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Experts commend move to protect bankrupt telco’s assets but say it needs a business plan that works Business at Uganda’s oldest and troubled telecom company, Utl, took another twist when the government on April 28 announced it has finally put it under provisional administration. The government, which recently took over …
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Top management at Uganda’s oldest telecom company UTL has been sacked to pave way for investigations into the company operations. In an interview with The Independent, Evelyn Anite, the state minister of finance for investment and privatization confirmed Uganda Telecom Ltd (UTL) has been put under provisional administration for one month (from …
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Libyans vow to take on Uganda after `quitting’ It is not clear what the Uganda government’s plan is since it announced that the Libyan owners of Uganda Telecom Ltd (UTL) have quit, but the move might get dirty if the Libyans instead implement a fight for the company. The government …
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Faisel Gergab, is chairman of the Libyan Post, Telecommunication and Information Technology Holding Company (LPTIC) that owns 69% stake in UTL. He spoke to The Independent’s Isaac Khisa on the issues surrounding the company’s poor performance and its future outlook, just before government took over its management. How do you …
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Uganda Telecom Limited (UTL) that has been limping for years, will be rescued by government. Government will take over UTL’s full management immediately. Minister for Finance Matia Kasaija confirmed Wednesday that Libyan company UCOM, a subsidiary of majority shareholders Libyan Post, Telecommunication and Information Technology Holding Company (LPTIC), would no …
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The Chairman of Libyan Post, Telecommunications and Information Technology Holding Company Dr Faisel Gelgab has assured Parliament that Uganda Telecom (UTL) still has a future and that the company has a transformational plan that is going to significantly boost the company’s existing services. I am confident that UTL has significant …
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