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In Q3 2023 Airtel Uganda announced its intention to list 8 billion existing shares of the company stock, comprising 20 percent shareholding on the USE, between 29 August and 13 October 2023, to comply with Uganda's licensing laws. Each share is listed at USh:100 (approx. US$0.02717) and the IPO is expected to raise USh:800 billion (approx. US ...
As of September 2020, Uganda recorded 20.1 million Internet users, [14] out of an estimated mid-year population of 41.58 million, [16] bringing internet penetration to 48.3 percent, nationwide. [14] As of 31 March 2022, according to the Uganda Communications Commission (UCC), there were a total of 30.6 million active telephone lines in the ...
On October 27, 2014, Owino was the centre of a media discussion involving President of Uganda Yoweri Kaguta Museveni's social media profiles. [16] Joseph Owino had originally helped streamline and verify the Ugandan president's official Facebook and Twitter accounts. [17] [18]
Airtel launched services in Rwanda on 30 March 2012. [31] Seychelles Airtel Seychelles Airtel has over 55% market share of mobile market in Seychelles. [32] Tanzania Airtel Tanzania: Airtel Tanzania is the market leader with a 30% market share. [33] Uganda Airtel Uganda: Airtel Uganda stands as the #2 operator with a market share of 38%. [26 ...
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In May 2018, with the phone company owing the Uganda Revenue Authority (URA) USh96 million (US$26,000) in unpaid taxes, URA closed K2 Telecom down. The taxes had accumulated since 2013. [3] Airtel Uganda took over the 100,000 customers that K2 had left in July 2018.
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The Unique Identification Authority of India (UIDAI) suspended Bharti Airtel and Airtel Payments Bank Limited's licence for eKYC of Aadhaar on 16 December 2017, following complaints from customers that their accounts were being opened without their consent. Some even received their LPG subsidies in their Airtel Payments Bank accounts. [124]