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UCC confirms Africell acquisition of Orange telecom

UCC boss Godfrey Mutabazi
UCC boss Godfrey Mutabazi

UCC boss Godfrey Mutabazi

The Uganda Communications Commission (UCC)has approved acquisition of Orange telecom by Africell telecom.

Africell, a Pan-African telecom group had earlier expressed interest in buying off Orange telecom, but the deal did not materialize and was forced to only buy a small percentage of shareholding.

The UCC boss Godfrey Mutabazi says that the group has now acquired upto 65.93% stake in Orange Uganda.

Orange Uganda has struggled to make an impact in a mobile market dominated by three larger rivals MTN, Airtel and Uganda Telecom Ltd;

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