Ugandan telecom operators have until 30 January 2020 to formally notify the Uganda Communications Commission (UCC) of the type of licenses they wish to acquire under the new regime's entry into force.
New categories include the license of National Telecom Operator (NTO), valid for 15 years, which gives the right to establish and provide telecom infrastructure and services; the National Public Service Provider (NPSP), valid for 5 years, which will allow the provision of voice and data services or capacity resale services; and the 15-year National Public Infrastructure Provider (NPIP)’s license given to licensed telecom operators, public service providers, and private networks.
According to UCC, companies are required to float 20% on the Uganda Stock Exchange within two years from the license issuance date. The new licensing regime also includes authorizations for companies wishing to invest in other segments of the telecom market such as the distribution and sale of equipment, including network and customer terminals; import, sale, installation, and maintenance of telecom equipment; manufacture and assembly of telecom equipment; and the disposal of communications equipment. The provision is also made for authorizations for the provision of digital financial services, and digital audiovisual content aggregation services.
Ibrahim Bbosa, UCC's Director of Public and Corporate Affairs, explains that the new licensing regime was created after a review of broadband policy, to ease access to market and boost competition, improve deployment of broadband, local ownership, and effective use of resources.
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Nigerian Breweries begins pilot barley cultivation to cut imports Ethiopia leads Africa barley output; Morocco, Algeria major producers Nigeria aims...
This week, Africa is facing a mixed health situation. Namibia has declared an end to its mpox outbreak, while Madagascar is reporting rising case counts....
Portuguese glass-packaging group BA Glass seeks approval to acquire a 41.28% controlling stake in Tunisia’s Sotuver. The transaction values the block...
Shareholders rejected a A$170 million equity placementinvolving Afriland Bourse & Investissement and Eagle Eye Asset Holdings. Canyon Resources...
Actress Wunmi Mosakuand director Kaouther Ben Haniarepresent Africa among contenders at the 2026 Oscars. Mosaku received a nomination for Best...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...