MTN renews Uganda operating licence after two-year negotiation

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MTN renews Uganda operating licence after two-year negotiation
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MTN Uganda paid a $100m renewal fee for a period of 12 years starting in July

MTN, Africa's largest mobile operator by subscribers, has finalised a deal that will see it carry on its operations in Uganda for another 12 years.

The mobile operator said it had met all conditions, including the payment of $100m as a renewal fee for a period of 12 years starting July 1 2020. The mobile network operator had applied for a 10-year extension and the Uganda Communications Commission gave it an interim licence, pending resolution of a number of unspecified issues.

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