Uganda Telecom
Encyclopedia
Uganda Telecom, whose full legal name is Uganda Telecom Limited (UTL), is an information and communication technology network company in Uganda
.
In June 2000, UTL was privatized when the Government divested 51% of its shares to Ucom, a consortium formed by Detecon
, of Germany
, Telecel International of Switzerland
and Orascom Telecom of Egypt
. The Ugandan Government retained 49% ownership in UTL. Orascom sold their interest in Ucom to Telecel, sometime between 2002 and 2003.
In March 2007, LAP Greencom, a subsidiary of Libya African Investment Portfolio (LAP), a company owned by the Government of Libya, bought into Ucom, while Detecon sold their interest in the consortium to Telecel International. The new shareholding structure in UTL, left the Ugandan government with a 31% ownership, while Ucom's shareholding increased to 69%.
Uganda Telecom is a leading total communications provider with a broad range of services in Uganda
, including:
In February 2009, UTL introduced a mobile money transfer service in conjunction with Redknee Solutions Inc., a Canadian
IT company. In September 2009, UTL became the first Ugandan provider to introduce the solar powered hand-held mobile phone, locally called Kasana.
In July 2011, UTL estimated their own market share of the Uganda
n telecommunication industry at about 10%.
, which owns 69% of UTL, and the Ugandan Government, which owns the remaining 31%. The ownership of the company is summarized in the table below:
{| style="font-size:100%;"
|-
| width="100%" align="center" | Uganda Telecom Stock Ownership
|- valign="top"
|
{| class="wikitable sortable" style="margin-left:auto;margin-right:auto"
! style="width:2em;" |Rank !!Name of Owner!!Percentage Ownership
|-
|1||LAP Green of Libya
||69.0
|-
|2||Government of Uganda||31.0
|-
| ||Total||100.0
|-
|}
of UTL is Stanley Henning. The former Managing Director, Abdulbaset Elazzabi, and other members of the previous UTL Board of Directors were replaced, as part of the changes mandated by the United Nations
, in 2010, regarding Libya
n assets.
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
.
History
Following the passage of the Communications Act in 1997, by the Ugandan Parliament, the then Ugandan parastatal company Uganda Posts and Telecommunications Company Limited (UPTCL), was divided to four entities:- Uganda Communications Commission (UCC) - The communications industry regulator
- Uganda Post Limited - Also known as Posta UgandaPosta UgandaPosta Uganda, originally named Uganda Posta Limited, is the company solely responsible for postal service in Uganda.-History:Uganda Post Limited was founded as part of the East African Community...
- PostBank UgandaPostBank UgandaPostBank Uganda is a non-bank credit institution in Uganda. As of May 2010, PostBank Uganda was a small credit institution whose asset base was estimated at about US$39 million.-History:...
- A government-owned financial institution - Uganda Telecom - An information technology and communication network company.
In June 2000, UTL was privatized when the Government divested 51% of its shares to Ucom, a consortium formed by Detecon
Detecon
Detecon International GmbH is a consultancy in the field of information and communications technology . Detecon International emerged in July 2002 from the merger of the two consulting firms Diebold and DETECON...
, of Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
, Telecel International of Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....
and Orascom Telecom of Egypt
Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
. The Ugandan Government retained 49% ownership in UTL. Orascom sold their interest in Ucom to Telecel, sometime between 2002 and 2003.
In March 2007, LAP Greencom, a subsidiary of Libya African Investment Portfolio (LAP), a company owned by the Government of Libya, bought into Ucom, while Detecon sold their interest in the consortium to Telecel International. The new shareholding structure in UTL, left the Ugandan government with a 31% ownership, while Ucom's shareholding increased to 69%.
Overview
As of January 2010, Uganda has eight (8) operational telecommunications companies, serving in excess of 10 million subscribers, out of a population estimated at about 32 million. The providers include:- MTN Uganda
- Uganda Telecom
- Airtel Uganda - Effective 23 November 2010.
- Warid TelecomWarid TelecomWarid Telecom International is an Abu Dhabi based mobile telecommunication firm providing telephony services in Congo, Pakistan and Uganda. Warid is expected to launch in the Ivory Coast and Georgia soon.-Pakistan:...
- Hits Telecom
- Orange Telecom
- i-Telecom
- Smile Telecom
Uganda Telecom is a leading total communications provider with a broad range of services in Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
, including:
- Fixed voice
- Mobile voice
- Data and Internet
- Broadband
- Wireless
In February 2009, UTL introduced a mobile money transfer service in conjunction with Redknee Solutions Inc., a Canadian
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
IT company. In September 2009, UTL became the first Ugandan provider to introduce the solar powered hand-held mobile phone, locally called Kasana.
In July 2011, UTL estimated their own market share of the Uganda
Uganda
Uganda , officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is also known as the "Pearl of Africa". It is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by...
n telecommunication industry at about 10%.
Ownership
As of July 2011, Uganda Telecom is a joint venture between a LAP Green of LibyaLibya
Libya is an African country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west....
, which owns 69% of UTL, and the Ugandan Government, which owns the remaining 31%. The ownership of the company is summarized in the table below:
{| style="font-size:100%;"
|-
| width="100%" align="center" | Uganda Telecom Stock Ownership
|- valign="top"
|
{| class="wikitable sortable" style="margin-left:auto;margin-right:auto"
! style="width:2em;" |Rank !!Name of Owner!!Percentage Ownership
|-
|1||LAP Green of Libya
Libya
Libya is an African country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west....
||69.0
|-
|2||Government of Uganda||31.0
|-
| ||Total||100.0
|-
|}
Leadership Structure
The current Chief Operating OfficerChief operating officer
A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
of UTL is Stanley Henning. The former Managing Director, Abdulbaset Elazzabi, and other members of the previous UTL Board of Directors were replaced, as part of the changes mandated by the United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...
, in 2010, regarding Libya
Libya
Libya is an African country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west....
n assets.