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Wireless

MTN Uganda seeks to increase local shareholding to 20%

Monday 18 March 2019 | 09:47 CET | News
MTN Uganda is looking to boost local shareholding in the company to 20 percent from 4 percent in 2019, the Daily Monitor reported, citing MTN Group CEO Robert Shuter. The group CEO said at a forum in Kampala that MTN Group would be broadening ownership in three key markets, namely Uganda, Nigeria and Zambia. MTN has been subjected to local ownership as a prerequisite in the national broadband policy, which was passed in September 2018. 

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Categories: Mobile & Wireless
Companies: MTN Uganda
Countries: Uganda
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