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Top related persons:
Elias Biryabarema - 2 Giulia Paravicini - 1 Hereward Holland - 1 David Evans - 1 Sylvia Mulinge - 1 George Obulutsa - 1 Alexander - 1
Top related locs:
KAMPALA Airtel Uganda South Kampala
Top related orgs:
MTN Uganda - 2 South Africa's MTN - 2 Thomson - 2 Airtel - 1 Uganda Securities Exchange - 1 Telecom - 1 MTN - 1 Bharti Airtel - 1

Search resuls for: "MTN Uganda"


2 mentions found


☆ Airtel Uganda doubles bonus shares ahead of IPO close
  + stars: | 2023-10-25 | by ( Elias Biryabarema | ) www.reuters.com   time to read: +1 min
KAMPALA, Oct 25 (Reuters) - Airtel Uganda said it has doubled the amount of bonus shares for potential investors, to boost participation in its initial public offering (IPO) set to close on Friday. The firm launched its share sale on Aug. 29 and set the share price at 100 Ugandan shillings. Airtel is selling 20% of its equity in a move aimed at raising 800 billion Ugandan shillings ($213 million). Results of the IPO are expected on Oct. 30, while shares will be listed on the Uganda Securities Exchange on Oct. 31, according to a prospectus. When the listing completes, Airtel Uganda will be the second listed telecoms company on Uganda's stock exchange after MTN Uganda (MTNU.UG), majority owned by South Africa's MTN Group (MTNJ.J), which listed in December 2021.
Persons: Elias Biryabarema, Giulia Paravicini, Hereward Holland, David Evans Organizations: Airtel, Uganda Securities Exchange, MTN Uganda, South Africa's MTN, Thomson Locations: KAMPALA, Airtel Uganda
☆ MTN launches first 5G network in Uganda
  + stars: | 2023-07-28 | by ( ) www.reuters.com   time to read: 1 min
KAMPALA, July 28 (Reuters) - Telecom firm MTN Uganda (MTNU.UG), a unit of South Africa's MTN Group (MTNJ.J), on Friday launched the first 5G network in the east African country. MTN has Uganda's largest subscriber base at around 15 million. 5G offers faster data speeds and lower latency or response time. Sylvia Mulinge, MTN Uganda's chief executive officer, said the company planned to roll out full 5G coverage in the capital Kampala by the end of 2024 and that over the next two years all its base sites in major cities would also be converted to 5G. Writing by Elias Biryabarema; Editing by George Obulutsa and Alexander WinningOur Standards: The Thomson Reuters Trust Principles.
Persons: Sylvia Mulinge, Elias Biryabarema, George Obulutsa, Alexander Organizations: Telecom, MTN Uganda, South Africa's MTN, MTN, Bharti Airtel, 5G, MTN Uganda's, Thomson Locations: KAMPALA, South, Kampala
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