Africell Uganda Explained

Africell Uganda Limited
Defunct:1 October 2021
Type:Private
Services:Telecommunications
IT
Industry:Telecommunications
Key People:Ziad Dalloul
Group Chairman
and Group CEO
Foundation:2014 Closed 2021
Location:28–30 Clement Hill Road
Nakasero, Kampala, Uganda

Africell Uganda, whose full legal name was Africell Uganda Limited (AUL), was an information and communication technology network company in Uganda.[1] It was the third-largest telecommunications company in the country, by customer numbers.[2] However, the company closed all its businesses in Uganda in 2021 based on a careful assessment of the long-term commercial outlook for the business.

Location

The headquarters and main office of AUL were located in the Africell Office Building, at 28–30 Clement Hill Road, on Nakasero Hill in the Central Division of Kampala, the capital and largest city in the country.[3] The coordinates of the company headquarters are 0°19'09.0"N, 32°35'24.0"E (Latitude:0.319169; Longitude:32.589992).

History

Africell Uganda was established in May 2014, when Africell acquired the majority stake that Orange Telecom owned in its Uganda cellular network.[1] [4] [5] Africell paid $12 million for that stake, inheriting an estimated 1,000,000 subscribers.[6] In November 2014, the Group Chairman and CEO announced plans to invest US$150 million in the next five years, to upgrade the Africell network in Uganda.[7]

Subscribers

In 2014, the network subscribers in Uganda were estimated at one million.[6] As of September 2018, its subscriber customer numbers had risen to 2.1 million.[8] In April 2020, the company's website gives the number of subscribers as over 3,000,000.[9] The table below illustrates the progressive customer growth for the company.

Africell Uganda Subscriber Numbers! Rank !! Date !! Subscribers !! Notes
1 December 2013 625,000
2 May 2014 1,000,000
3 September 2018 2,100,000
4 April 2020 3,000,000

Ownership

The table below summarizes the shareholding in the business.[1]

Africell Uganda Stock Ownership! Rank !!Name of Owner!!Percentage Ownership
1 53.0
2 Hits Telecom Holding 47.0
Total100.00

Operations

In 2018, Africell Holdings, the parent company of Africell Uganda, secured a loan of US$100 million from the Overseas Private Investment Corporation (OPIC), to expand operations in Uganda and the Democratic Republic of the Congo. Africell Holdings maintains subsidiaries in the Gambia, Sierra Leone, DR Congo and Uganda.[10] As of January 2015, Africell Uganda maintained coverage in the majority of Uganda's geographical area.[11]

Closure and exit from Uganda

In September 2021 the company announced that it would close business and exit the country, 7 October 2021. At the time of its closure, the Telcom had an estimated 3 million subscribers, accounting for about four percent(4%) market share.[12] [13]

See also

External links

0.3192°N 32.59°W

Notes and References

  1. Web site: New company Buys Orange Telecom . Ismail Musa Ladu . 20 May 2014 . . 26 April 2020. Kampala.
  2. Web site: Orange Uganda Sold To Africell . . 19 May 2014 . Mark Keith Muhumuza . 26 April 2020 . Kampala.
  3. Web site: About Africell Uganda: Customer Care: Head Office, Clement Hill Road, Kampala . Africell Uganda . 26 April 2020 . 26 April 2020 . Kampala.
  4. Web site: Orange Uganda Sold to Africell . 24 May 2016 . . 19 May 2014 . Administrator . Mukono.
  5. Web site: Kampala . New Vision . Orange sells its stake in Uganda to Africell . . 19 May 2014 . 24 May 2016.
  6. Web site: In Africa, a Telco Disruptor Looks for Gaps Amongst Giants . . 24 May 2016 . 14 August 2014 . Simon . Zekaria . New York City.
  7. Web site: The Wall Street Journal . Africell Plans to Invest $150 Million to Upgrade Uganda Operations . Nicholas Bariyo . 17 November 2014. 24 May 2016 . New York City.
  8. Web site: 5 things Africell Uganda is doing that the other telecoms should copy . 14 April 2019 . Dignited.com . 26 April 2020 . John Ivan Kisekka . Kampala.
  9. Web site: Africell Uganda . About Africell Uganda . 26 April 2020 . Africell Uganda . 26 April 2020 . Kampala.
  10. Web site: 13 November 2018 . Africell Secures $100m Loan To Expand Services In Uganda, DRC . News Agencies . 26 April 2020 . The Tower Post . Kamala.
  11. Web site: Here are the coverage maps for all voice and data mobile networks in Uganda . Techjaja.com . 8 January 2015 . Roger Bambino . 26 April 2020 . Kampala.
  12. Web site: . 9 September 2021 . Africell’s exit was only a matter of time . Paul Murungi . 9 September 2021 . Kampala, Uganda.
  13. Web site: . 7 September 2021 . Telecom giants drive Africell out of Uganda . Cecilia Okoth. 10 September 2021 . Kampala, Uganda.