Telkom SA execs expected for due diligence on Uganda Telecom

30 Jun 2006

According to Ugandan website The New Vision officials from Telkom South Africa are expected to visit the country in the next fortnight to begin due diligence on Uganda Telecom. Last week Uganda Telecom Managing Director Aimable Mpore revealed that the South African company was interested in buying into UCom, a consortium comprising Telecel, The Gloria Trust and Detecon, which owns a 51% stake in Uganda Telecom. The remainder of the company is owned by the state.

Uganda, Telkom South Africa, Uganda Telecom Limited (UTL)