Daily Monitor

Uganda: Bank of Africa's Mobile Wallet looks to rival Mobile Money

In Uganda, Bank of Africa has unveiled a mobile banking platform in a bid to tap into the increasing use of mobile money services as a transaction medium.

Dubbed Mobile Wallet, the product will enable Bank of Africa (BOA) account and non-account holders to transact/send and receive money using their mobile phones and Automated Teller Machines (ATMs), respectively.

Source: Daily Monitor

Uganda telecoms have lowest revenue per user in EA - report

Telecommunication companies in Uganda have the lowest Average Revenue Per User (ARPU) compared to their counterparts in the region, a Deloitte study shows.

The Technology, Media and Telecom (TMT) Predictions 2014: Highlights and context report indicates that while Kenya’s ARPU was $6.2 (Shs15,020) last year and $4.4 (Shs10,660) for Tanzania, Ugandans spent only $3.5 (Shs8,479) on average on airtime.

Source: Daily Monitor

Uganda: New charges to impact mobile money market

Airtel has set the stage for increased competition in the mobile money arena following an announcement that the telecom will cut fees on its transactions across all networks.

This comes on the back of increased charges for MTN subscribers.
Airtel, which is currently integrating with Warid Telecom, announced that it would starting charging Shs900 to withdraw between Shs5,001-500,000, down from Shs5,000 and Shs2,000 for withdrawing between Shs500,001 and 5 million, down from Shs40,000.

Source: Daily Monitor

Uganda: Sim Card registration deadline: Telecoms want more time

The clock is ticking to the deadline of the Sim Card registration exercise this week on Friday but telecoms companies still want more.
The companies, MTN, Orange, Airtel, Warid, K2 telecom and UTL were on March 1 granted a 180-day extension period to register all their subscribers, a period which has turned out inadequate, pushing them to demand for another grace period.

Source: Daily Monitor

Uganda: UCC, telecom firms set to meet over service quality

The Uganda Communication Commission will hold a meeting with telecom executives to discuss, among other things, the increasingly deteriorating service quality, according to Eng Godfrey Mutabazi the UCC Executive Director. The meeting will mainly focus on the failures registered in the mobile money service, ambiguous charges, service interruptions and network failures.

Source: Daily Monitor

Six telecoms companies lose their licences in Uganda

Six companies have lost their telecommunication business licenses in Uganda after failing to launch their services within the required time. The affected firms include; Talk Telecom, Mo Telecom, Mara Telecoms, a subsidiary of the Mara Group, Excellentcom Uganda Limited, Janu Communications Limited and Ace Networks Limited.

Source: Daily Monitor
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