In the extraordinary year of 2023, MTN Uganda reached notable milestones, marked by remarkable
innovation, impactful community initiatives, and an unwavering commitment to social responsibility.
Through strategic partnerships, deliberate technological expansions, and the introduction of
transformative solutions, MTN Uganda not only solidified its position but emerged as a central force
shaping the intricate contours of the nation’s digital landscape. As we welcome 2024, let’s illuminate 13
key highlights that vividly summarize the dynamic journey of MTN Uganda throughout this transformative
year.
MTN Uganda celebrates 25 years of transforming lives
MTN Uganda marked its 25th anniversary this year on October 21, 1998, marking a quarter-century of
commitment to transforming Uganda’s telecommunications landscape and enhancing the lives of its
people. This anniversary saw MTN Uganda reaffirm its dedication to innovation and excellence in the
provision of telecommunication services.
Over the years, MTN Uganda has evolved beyond being a traditional telecom provider, venturing into the
technology space to offer a diverse range of products and services that extend far beyond conventional
telecommunications. The company’s forward-looking approach reflects a commitment to meet the
evolving needs of its customers in an ever-changing digital landscape.
Through its corporate social responsibility arm, the MTN Foundation, MTN Uganda has made a significant
impact on communities by investing more than Shs30 billion in over 250 projects.
These initiatives span key areas such as health, education, information and communication technology
(ICT), and youth empowerment, positively impacting the lives of more than 2.5 million individuals.
Currently, MTN Uganda has more than 19 million mobile subscribers, 11.6 million fintech users and 7.5
million data subscribers.
MTN Uganda dividend payout reach Shs 586.7billion
As the curtain descends on 2023, MTN Uganda celebrates a year of financial milestones and
groundbreaking innovations. Having paid out five dividend payments since its listing on the Uganda
Securities Exchange, totaling an impressive shs586.7bn, MTN Uganda underscores its commitment to
creating shared value for over 20,000 shareholders.
in December 2021, MTN Uganda Limited achieved a historic feat by becoming the first Ugandan
company to list a business valued over USD 1 billion. This monumental accomplishment not only
solidified MTN’s financial standing but also initiated a paradigm shift in Uganda’s stock market dynamics.
True to its vision of ensuring widespread access to the benefits of a modern connected life, MTN Uganda
has continued to revolutionize stock trading through a mobile phone platform in collaboration with the
Uganda Securities Exchange.
