Very insightful
Uganda Telecom’s (UTL) imminent death was predicted many months back. Like a patient with a terminal illness, this once landmark government parastatal that controlled 100% of the telecommunication business in Uganda before the liberalisation of the sector was crawling like a wounded combatant. For those old enough, we could hardly believe that this is the same UTL whose 51% shareholding was sold to UCOM in the year 2000 for US$ 33 Million. However, what followed after the acquisition is largely to blame for the current state of the company.
In a separate post, I did voice the frustrations of Uganda Telecom after learning that there was a plan to revamp the company by the Government of Uganda. From a nationalistic perspective though, I do believe that we need to have a Government run and supported Telco and reasons for that are numerous ranging from security all the way…
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