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    Ubuntu Towers Uganda applies to sell majority stake to Tower Co Africa

    Ubuntu Towers Uganda Limited (UBUNTU) was granted a National Public Infrastructure Provider (NPIP) license by The Uganda Communication Commission (UCC)on 11th May 2021 to provide infrastructure services in Uganda. The NPIP license is for a period of fifteen (15) years.

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    ALSO READ:Uganda’s telecom sector demonstrates resilience amidst COVID19

    Established under section 4 of the Uganda Communications Act, 2013(the Act) as the regulator of the communications sector in Uganda has the mandate to, among others, monitor, inspect, license, supervise, control, promote and safeguard the interests of consumers and providers of communications services in Uganda.

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    In accordance with section 42 (2) of the Act, UBUNTU applied to UCC for consent to transfer its majority shares to Tower Corporation of Africa (Tower Co Africa), a private company incorporated in Port Louis, Mauritius. Tower Co Africa is a wholly-owned subsidiary of Axian Telecom of Mauritius.

    If approved, the proposed transactions will result in Tower Co Africa acquiring 90% shares in UBUNTU, which, in terms of section 42(5) of the Act, amounts to a transfer of a license.

    In accordance with section 38(2)(d) of the Uganda Communication Act 2013 and Regulation 93(1) of Uganda Communications (Licensing) Regulation 2019, the Commission is required to consider the public interest before determining whether or not to grant approval for transfer of a license.

    Therefore,UCC has requested the general public to provide written comments and/or objections, if any, regarding the aforesaid application. Written comments and/or objections should be UCC before 30th July 2021.

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