Talkio Mobile, a Ugandan mobile virtual network operator (MVNO), has partnered with payment solutions provider Interswitch to accelerate the adoption of its services across the country.
The partnership gives Talkio Mobile access to more than 20,000 outlets in the Interswitch Quickteller agent network, strengthening its commercial reach. Initially, customers can buy call and data packages at these locations. In the medium term, SIM card acquisition and mobile money transactions will also be available through these points.
This agreement comes about six months after Talkio signed a distribution deal with the Banana Life Investments store chain. Launched in September 2024, Talkio is working to gain ground in a market of 48.6 million people, 65% of whom own a mobile phone, according to the International Telecommunication Union (ITU). The Ugandan Communications Commission (UCC) reported 55.6 million mobile subscriptions in 2024, including 43.2 million active ones.
Mobile internet subscriptions stood at 22.3 million, and the ITU recorded an internet penetration rate of just 10%. To grow its user base, Talkio must compete with dominant operators like MTN and Airtel. MTN leads the market with 22.03 million mobile subscribers and 9.3 million internet users.
Talkio also faces competition from Lyca Mobile, another MVNO, which surpassed one million subscribers in July 2024—four years after its launch. Talkio’s strategy focuses on offering personalized services tailored to Ugandan consumer needs.
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
First Quantum to sell surplus sulfuric acid amid tightening supply Zambia disruptions, Middle East shortages cut sulfur supply...
Cabinda and Soyo terminals granted to SOGESTER for 20 years Move aims to cut transport costs and increase cargo and passenger traffic Strategy targets...
Revenue climbs 29% in Q1 2026 despite lower production Gold output drops across key mines, except Lafigué Higher gold prices offset volume...
Q1 copper production reaches 199,600 tons, up 19% year-on-year DR Congo output jumps 68%, led by Kamoto and Mutanda Group maintains 2026 outlook...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....