MTN Uganda
| Private | |
| Industry | Telecommunications |
| Founded | 1998 |
| Headquarters | 22 Hannington Road Kampala, Uganda |
|
Key people
|
Wim Vanhelleputte chief executive officer |
| Services | |
| Website | www |
MTN Uganda is the largest telecom company in Uganda, with 9.9 million subscribers as of 30 June 2016.
The headquarters of MTN Uganda are located at 22 Hannington Road on Nakasero Hill in the Kampala Central Division, one of the administrative units of the city of Kampala, the capital and largest city of Uganda. The coordinates of the company headquarters are 0°19'10.0"N, 32°35'17.0"E (Latitude:0.319434; Longitude:32.588051).
MTN Uganda is a subsidiary of MTN Group, a multinational telecommunications group connecting approximately 232 million people in 22 countries across Africa and the Middle East. In 2009, MTN Uganda introduced its mobile telephone-based banking product known as Mobile Money. As of March 2015, MTN controlled 80 percent of the mobile money market in the country.
In November 2015, MTN Uganda switched off 3.7 million of its 11.5 million customers to comply with the Uganda Communications Commission's new SIM card registration requirements.
In May 2016, MTN Uganda borrowed US$114 million (UGX:385.8 or 380 billion, depending on the source) to expand its network and build a new headquarters building on Jinja Road in Kampala. Funding was in the form of a syndicated loan by a consortium of four Ugandan banks, namely Stanbic Bank Uganda, Standard Chartered Uganda, Citibank Uganda, and Barclays Bank of Uganda.
In August 2016, MTN Uganda in partnership with Commercial Bank of Africa (Uganda) introduced a new product that allows customers to save money and access microloan products, using their cell phone. The product, called MoKash is available on personal accounts and on accounts for small and medium-sized enterprises.
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Wikipedia