Uganda Telecom

Entity type image
Type: Company
Name: Uganda Telecom
First reported May 17 2013 - Updated May 17 2013 - 1 reports

New shareholding model to spur e-money market

The new M-Cash shareholding structure is expected to increase competition in electronic money transfer services ahead of telecommunications companies, an official has said.Ms Edith Kutesa, the M-Cash Uganda chief executive officer, told journalists on ... [Published Uganda Daily Monitor - May 17 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Uganda: UTL in Turnaround Restructuring

Uganda Telecom hopes its new strategy of restructuring administration and investments in network infrastructure will enable it to compete favourably.In a statement, utl said it intended to upgrade its data systems to provide faster internet speeds as ... [Published AllAfrica.com - May 15 2013]
First reported May 06 2013 - Updated May 06 2013 - 3 reports

Uganda: Uganda Telecom Launches Charm Offensive

Kampala, Uganda Uganda Telecom has embarked on a Business Transformation and Turnaround Strategy to affirm its position as Uganda's largest fixed line network and only indigenous telecom company.UTL's Managing Director David Holliday was appointed by ... [Published AllAfrica.com - May 06 2013]
First reported May 06 2013 - Updated May 06 2013 - 1 reports

Uganda: How Warid Exit Will Impact Telecom Sector

Kampala, Uganda As the month of March climaxed, India based telecom giant Bharti Airtel confirmed their acquisition of all business operations of Abu Dhabi owned Warid Telecom in Uganda, a conquest, sector experts predict will shake up entire telecommunication ... [Published AllAfrica.com - May 06 2013]
First reported May 02 2013 - Updated May 02 2013 - 3 reports

MTN Sees Further Mergers in Ugandan Mobile Market

­MTN's Ugandan subsidiary had considered making a bid for Warid Telecom's local network, before Bharti Airtel snapped up the company last week.MTN Uganda's Chairman Charles Mbire confirmed to the Reuters news agency, that the company had considered a ... [Published Cellular-News - May 02 2013]
First reported May 01 2013 - Updated May 01 2013 - 1 reports

UTL lays off 100 workers

KAMPALAAt least 100 local employees of Uganda Telecom Ltd have declined an offer of voluntary retirement citing unfairness by senior management.Information available to the Daily Monitor reveals that the company is saddled by huge debts so wants to downsize ... [Published Uganda Daily Monitor - May 01 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Warid, Airtel deal causes anxiety

KAMPALA, UGANDA – The Bharti Airtel takeover of Warid Telecom last week, has caused a mixed reaction from Warid customers.Some are worried about maintaining their numbers and also missing out on popular products they had been enjoying on the Warid ne ... [Published East African Business Week - Apr 29 2013]
First reported Apr 24 2013 - Updated Apr 25 2013 - 1 reports

Bharti agrees Warid takeover

India’s Bharti Airtel has signed an agreement to purchase Warid Telecom Uganda for an undisclosed sum in a deal that represents the first major drive towards consolidation in the East African nation’s crowded wireless sector. According to the Economic ... [Published TeleGeography - Apr 24 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 2 reports

Bharti to Buy Warid Group's Uganda Telecom ...

By R. Jai KrishnaNEW DELHI--Bharti Airtel Ltd. (532454.BY), India's largest telecommunications company, Tuesday said it agreed to buy the Warid Group's telecom operations in Uganda.A Bharti statement didn't say how much it will pay for Warid Telecom Uganda ... [Published ADVFN UK - Apr 23 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

LAP Green comments on FY12 results, keeps financial figures under wraps

LAP Green Network, a wholly owned subsidiary of the Libyan African Portfolio (LAP), has issued a press statement regarding its operational achievements in the twelve months ended 31 December 2012, but stopped short of providing any financial data. Wafik ... [Published TeleGeography - Apr 23 2013]
First reported Apr 21 2013 - Updated Apr 22 2013 - 2 reports

ZTE Sues Uganda Telecom for Unpaid Invoices

ZTEhas sued Uganda Telecom (UTL) for alleging failing to pay more than USD 6.7 million for the design, planning, integration, operation and maintenance of the backbone link project over five years ago, the Daily Monitor reported. The plaintiff executed ... [Published C114 - Apr 22 2013]
First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

Chinese firm drags UTL to court over Shs17 billion

KampalaUganda Telecom Limited (UTL) has been dragged to court over alleged failure to pay more than $6.7 million for designing, planning, integration, operation and maintenance of the backbone Link project over five years ago.A Chinese firm, ZTE Corporation, ... [Published Uganda Daily Monitor - Apr 17 2013]

Quotes

"A major part of our business transformation has been to forge a new department focusing on our fixed line business to deliver voice and data throughout the 64 telephone exchanges that utl covers nationwide" Holliday said
According to a company statement, "The turnaround strategy has involved benchmarking the company against international standards of ethics, corporate governance and accounting, and enhancing operational efficiency."
"We are restructuring and re-organising all departments to get back on track" he said
"The crux is to help curtail urban-rural migration, help with local job prospects and ensure that we help create value addition at every step" says Khan...

More Content

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New shareholding model to spur e-money market [Published Uganda Daily Monitor - May 17 2013]
Uganda: UTL in Turnaround Restructuring [Published AllAfrica.com - May 15 2013]
UCC okays Airtel, Warid deal as subscribers are... [Published Uganda Daily Monitor - May 08 2013]
Uganda: Uganda Telecom Launches Charm Offensive [Published AllAfrica.com - May 06 2013]
Uganda: How Warid Exit Will Impact Telecom Sector [Published AllAfrica.com - May 06 2013]
Uganda Telecom outlines turnaround strategy [Published Telecompaper - May 06 2013]
Airtel - Warid Merger Shakes Market [Published Individual.com - May 06 2013]
'Creation of blue-collar jobs is slowly on the ... [Published Business Recorder - May 06 2013]
UTL embarks on turnaround plan [Published Uganda Daily Monitor - May 06 2013]
MTN Sees Further Mergers in Ugandan Mobile Market [Published Cellular-News - May 02 2013]
MTN Uganda considering domestic acquisitions [Published HumanIPO - May 02 2013]
MTN Uganda eyes local takeovers after Airtel-Wa... [Published Telecompaper - May 02 2013]
MTN Uganda eyes domestic takeovers after rivals... [Published Reuters UK - May 01 2013]
MTN Uganda eyes acquisitions [Published Businesstech.co.za - May 01 2013]
UTL lays off 100 workers [Published Uganda Daily Monitor - May 01 2013]
Warid, Airtel deal causes anxiety [Published East African Business Week - Apr 29 2013]
Bharti agrees Warid takeover [Published TeleGeography - Apr 24 2013]
Airtel acquisition of rival Warid Telecom resha... [Published Computerworld Norge - Apr 24 2013]
Airtel buys Warid Telecom [Published Uganda Daily Monitor - Apr 23 2013]
LAP Green comments on FY12 results, keeps finan... [Published TeleGeography - Apr 23 2013]
Bharti to Buy Warid Group's Uganda Telecom ... [Published ADVFN UK - Apr 23 2013]
Bharti to Buy Warid Group's Uganda Telecom Oper... [Published Global Finance Magazine - Apr 23 2013]
ZTE Sues Uganda Telecom for Unpaid Invoices [Published C114 - Apr 22 2013]
ZTE Sues Uganda Telecom for Unpaid Invoices [Published Cellular-News - Apr 21 2013]
Chinese firm drags UTL to court over Shs17 billion [Published Uganda Daily Monitor - Apr 17 2013]
Uganda regulator says 40% of Sims registered [Published Telecompaper - Sep 24 2012]
African Ministers to agree on steps to strength... [Published UNICEF - Sep 06 2012]
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