Home / UAE firm Hits Ugandan telecoms industry

UAE firm Hits Ugandan telecoms industry

UAE-owned firm Hits has been granted the fourth national telecom licence for the East African country of Uganda, the company said last week.

UAE-owned firm Hits has been granted the fourth national telecom licence for the East African country of Uganda, the company said last week.

Hits, a subsidiary of UAE-based Middle East and African Investment Company (MEAIC), confirmed its award of a Public Infrastructure and Public Service Provider's Licence in Uganda; the fourth after MTN, UTL and Celtel.

Hits has already begun to roll out a broadband network in Uganda as part of its initial US$150million investment in the country, and claimed the service would be fully operational by the end of this year.

To date the operator has successfully secured licences to operate GSM, 3G and WiMax networks in Uganda. "We have ambitious plans to penetrate the local telecoms market and shall install a state of the art network that will improve the country's telecoms sector," said Edwin Rowell, CEO of Hits Telecom Uganda.

Hits claimed the introduction of increased competition would result in the market doubling within five years from its existing base of 2.4 million subscribers.

Follow us to get the most comprehensive technology news in UAE delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.

CHANNEL AWARD 2018