UTCL, trading as Uganda Telecom is Uganda’s National Telecommunication operator, birthed from the former Uganda Telecom Limited (UTL) that was put under receivership.
Government of Uganda incorporated a new company to acquire the assets and business of Uganda Telecom limited under administration on 8th April 2021.
The newly established Uganda Telecommunications Corporation Limited (UTCL) will do business in the telecom Sector as Uganda’s national fixed line, mobile and internet provider and will serve as a National operator.
Uganda Telecommunications Corporation Limited (UTCL) is wholly owned by government of Uganda with Minister of Finance Planning & Economic Development holding sixty percent (60%) and Ministry of lCT & National Guidance holding forty percent (40%) of the company shares.
UTCL came into operation following the purchase of business and assets of UTL under receivership due to large debts of about UGX 700 billion (approx. US$200 million) and mismanagement.
UTL was put under receivership after the Libyan company that owned about 69% shares left in 2017. UTL was incorporated in 1998 as a Public Limited Liability Company evolving from the earlier East African Post and Telecom Corporation in the 1970’s, and the Uganda Post and Telecom Corporation in the 1980’s and 1990’s.
UTL was Uganda’s first Telecommunication operator to own a full Telecommunications Operator license, having evolved from the earlier East African Post & Telecom Corporation in the 1970’s, and the Uganda Post and Telecom Corporation in the 1980’s and 1990’s. UTL was incorporated in 1998 as a Public Limited Liability Company and has since embarked on an unrivalled evolution.
In 2007 LAP GreenN acquired 69% of its shares, and the Government of Uganda holds the remaining 31% of shares.
UTCL today provides voice and data communication solutions that include fixed telephony, mobile telephony, ISP and Data services,
UTCL has the largest fixed line and ISP network in the Uganda, with a 3G network that offers video telephony, high speed internet, video and audio streaming, live television and MMS among others.
