MTN Uganda Limited is a telecommunications operator dedicated to providing telecommunications and digital solutions for Uganda's development. Fueled by the belief that everyone deserves the benefits of a modern connected life, MTN has grown to a subscriber base of approximately 19 million customers.
Incorporated on October 21, 1998, MTN aimed to be the second national operator of a telecommunications network at a time when mobile cellular service penetration in Uganda was merely 0.27%. Since then, the company has significantly contributed to the growth of the telecommunications sector in Uganda, with current penetration now at 70%—meaning seven out of every ten individuals have access to mobile services.
MTN has a presence in all 134 districts of Uganda and has developed from a company primarily focused on telecommunications to a provider of a wide array of innovative products and services, including voice, data, digital, and mobile financial services. These services are delivered through a network of approximately 150,000 mobile money agents, 200 service stores, and 14 main distributors.
In 2021, MTN became the largest locally listed company on the Uganda Securities Exchange, with a valuation of UGX 4 trillion. Currently, MTN employs around 1,048 individuals, both directly and indirectly. Additionally, MTN has been the largest taxpayer in Uganda for the past decade, having paid UGX 839 billion in taxes in 2021 alone.
MTN is committed to improving the lives of the communities in which it operates. Since 2007, the company has dedicated 1% of its annual profit after tax to the MTN Foundation, which conducts corporate social investment activities that have positively impacted millions of Ugandans.
Our Ambition 2025: “Leading digital solutions for Africa’s progress” is designed to drive accelerated growth and faster debt reduction, positioning MTN for greater relevance by 2025.
MTN has established strong core operations, supported by the largest fixed and mobile network in Uganda, a large and connected registered customer base, an unparalleled registration and distribution network, and one of the strongest brands in the market.
