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Government of Uganda takes over Management of failing Uganda telecom

Uganda government has taken over the affairs and management of Uganda telecom limited with immediate effect.

Mark Shoebridge the UTL Managing Director

Announcing government takeover from the Libyan com Ucom this afternoon, the minister of finance, planning and economic development, Mr Matia Kasaija said government has received notification from u com of the following decisions- that ucom will no longer avail funding to the com it’ll,directed the resignation of all the five representatives of Ucom on the Utl board.
“In light of the above government has decided to take over the affairs and management of Utl with immediate effect, and will engage Ucom to ensure an orderly transition,” he said.

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