UTL will not shut down

16 Apr 2012

Managing director of Uganda Telecom Ltd (UTL), Donald Nyakairu has refuted claims that the cellco was facing liquidation over unpaid fees to rival operator MTN Uganda. According to TMT Finance, Nyakairu acknowledged the UGX22 billion (USD8.75 million) debt but was confident that a settlement can be reached. With the resolution of the conflict in Libya, the home of UTL’s majority owner, UTL has a solid backing, he said adding that ‘LAP GreenN [Libya African Investment Portfolio Green Networks], which has several telecom operations in Africa is committed to investing further in its subsidiaries and Uganda Telecom remains its flagship operation.’

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.