The firm maintains a positive outlook going forward Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda recorded a 20% increase in profit after tax to Shs100bn in quarter one of 2022, signifying an improvement in profit margins. The performance was boosted by data revenue, which increased by 45% …
Read More »Behind MTN’s income decline
But the telco recorded 5.8 % growth in net income to Shs 340.4 billion Kampala, Uganda | ISAAC KHISA | Uganda’s biggest telecom firm, MTN Uganda, said a one-off payment for interim operating license and contract termination of a service provider saw its full year income reduce by Shs 62.3 …
Read More »Battle for the internet market
Airtel Uganda increases internet bundles, leaves price uncnaged Kampala, Uganda | ISAAC KHISA | Telcom firm, Airtel Uganda has taken a price war to the door step of MTN Uganda with a massive increase in internet capacities. The telco, effective Feb.21, doubled daily internet bundles and increased the one on …
Read More »Deportations at MTN
Story behind dumping of 5 bosses Kampala, Uganda | HAGGAI MATSIKO | Officially, the Feb. 14 deportation of MTN Chief Executive Officer (CEO), Wim Vanhelleputte was sparked by President Yoweri Museveni’s concerns over alleged gross crimes by MTN staff; including threatening national security. But investigations by The Independent have found …
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