Uganda to return Libyan assets

8 Mar 2012

The Ugandan government has announced that Libyan assets that were seized last year in line with UN sanctions against the North African state, are starting to be returned. According to the Wall Street Journal, the Ugandan foreign affairs ministry announced that the process started following the lifting of sanctions in December last year, and that ‘all assets will be returned to the Libyan government in the next few months.’ Amongst the assets to be returned to Libya is a majority stake in Uganda Telecom Ltd (UTL).

Uganda, Uganda Telecom Ltd (UTL),


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.