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It seems that mobile money is a major driver of an impressive set of figures from operator MTN Uganda, the country's largest telecom company, which has a subscriber base of about 17.2 million, and is part of the pan-African MTN Group.
CEO said fintech and data service sales led a rise in pre-tax profit to $160 million in 2022.
The summit is one way of leveraging on the existing cordial relations to showcase and identify potential areas to scale up trade.
It’s not just in India that telecoms giant Airtel is driving 5G rollout. A recent announcement from Airtel Uganda highlights plans to upgrade key infrastructure for 5G purposes.