Uganda Telecommunications Report Q2 2018
Despite the mandatory round of SIM registrations in H217 leading to a significant loss in subscriptions, the effects weresmaller than expected, but we expect the mobile market to return quickly to its long-term growth trend, driven by low penetrationrates. The government of Uganda will write off debts of UGX200bn (USD91.3mn) owed by the state-owned fixed line operatorUganda Telecom Ltd (UTL) to government agencies, as the debts will be converted into shares. After taking over UTL in early 2017,the Ugandan government is prioritising its services over those of privately-owned competitors. We believe this will hurt competitionand the development of fixed services in particular.
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