Telecom company, Africell Uganda Limited has announced it will in October be exiting the Ugandan market after seven years.
In 2014, after exiting the Ugandan market, French company, Orange sold its stake to Africell, a telecom company headquartered in London.
However after seven years, the company has announced it is exiting the Ugandan market that has proved difficult for them.
“Africell UG will stop services on October 7, 2021 . The decision is being made in the long term interest of the Ugandan telecom sector,” the company announced to its employees.
The company said a survey about their future in Uganda revealed that they can no longer achieve the dream of impacting through a digitally led transformation of society and consequently, the need to pull out of the market.
“We believe that the opportunity to achieve this impact is increasingly limited. We have therefore taken the difficult decision to permanently end Africell UG’s operations in Uganda.”