Africell Uganda

Africell Uganda Limited
Private
Industry Telecommunications
Founded 2014[1]
Headquarters 28 - 30 Clement Hill Road
Nakasero, Kampala, Uganda
Key people
 Ziad Dalloul
Group Chairman
and Group CEO[2]
Services Telecommunications
IT
Website Homepage

Africell Uganda, whose full legal name is Africell Uganda Limited (AUL), is an information and communication technology network company in Uganda.[1]

Location

The headquarters and main office of AUL are 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).[4]

History

Africell Uganda was established in May 2014, when Africell acquired the majority stake that Orange Telecom owned in its Uganda cellular network.[1][5][6] Africell paid $12 million for that stake, inheriting an estimated 1,000,000 subscribers.[2] In November 2014, the Group Chairman and CEO announced plans to invest US$150 million in the next 5 years, to upgrade the Africell network in Uganda.[7]

Ownership

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

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

See also

References

  1. 1 2 3 4 Ladu, Ismail Musa (20 May 2014). "New company buys Orange telecom". Daily Monitor. Kampala. Retrieved 24 May 2016.
  2. 1 2 Zekaria, Simon (14 August 2014). "In Africa, a Telco Disruptor Looks for Gaps Amongst Giants". Wall Street Journal. New York City. Retrieved 24 May 2016.
  3. ↑ AUL (24 May 2016). "Africell Uganda: About Us: Find Us". Kampala: Africell Uganda Limited (AUL). Retrieved 24 May 2016.
  4. ↑ Google (24 May 2016). "Location of the Headquarters of Africell Uganda Limited" (Map). Google Maps. Google. Retrieved 24 May 2016.
  5. ↑ Administrator (19 May 2014). "Orange Uganda Sold to Africell". The Red Pepper. Mukono. Retrieved 24 May 2016.
  6. ↑ Vision Reporter (19 May 2014). "Orange sells its stake in Uganda to Africell". New Vision. Kampala. Retrieved 24 May 2016.
  7. ↑ Bariyo, Nicholas (17 November 2014). "Africell Plans to Invest $150 Million to Upgrade Uganda Operations". Wall Street Journal. New York City. Retrieved 24 May 2016.

External links

Coordinates: 00°19′09″N 32°35′24″E / 0.31917°N 32.59000°E / 0.31917; 32.59000

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