Uganda to attract buyer for state-owned UTL

Country aims to rejuvinate the state-owned operator
Ugandan Government s refreshing its state-owned telco, in the hopes of attracting a buyer.
AFPGetty Images
Ugandan Government s refreshing its state-owned telco, in the hopes of attracting a buyer.


The Ugandan Government has implemented a series of measures aimed at facilitating the sale of a stake in state-owned fixed and mobile operator Uganda Telecom Ltd (UTL).

The telco’s licence will be extended by 20 years, it will get cut-price access to the National Backbone Infrastructure (NBI), and it could be granted additional wireless frequencies. The cabinet has also ordered all government ministries and departments to use UTL as their ISP.

In March 2017 the telco was renationalised, with the state assuming control of a 69% stake from Libyan firm LAPGreenN, which is itself part of the Libyan Post, Telecommunication and Information Technology Holding Company (LPTIC). The government blamed the Libyan shareholder for failing to invest in UTL. The company entered receivership last year after accruing debt of around UGX700 billion (USD190 million), though this had been brought down to around UGX500 billion by early 2018.

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