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General

Ugandan gross telecom revenue reaches nearly UGX 4 trln in 2020

Tuesday 13 April 2021 | 09:54 CET | News
The Ugandan telecommunications industry recorded gross revenue of more than UGX 3.5 trillion in the year ended 31 December 2020, the latest report by the Uganda Communications Commission (UCC) shows. It said UGX 1.14 trillion in revenue was recorded for the October-December 2020 quarter, surpassing the almost UGX 1.10 trillion recorded in Q3 (July to September 2020). The record performance was attributed to sustained growth in digital and mobile financial services, jointly accounting for more than 39 percent of total quarterly revenues.

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Categories: General
Companies: UCC
Countries: Uganda
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