During this pandemic and lockdowns, it is very hard for students to get high-quality education due to lack of various resources and for others who cannot afford resources or access to the resources
Kasaija convened a crisis meeting and asked the technocrats to review the budget allocations with a view of increasing the resource envelope but only managed to raise additional Shs3.5 trillion
Shares
Lycamobile has been granted a National Telecommunication Operator licence by the Uganda Communications Commission, making it the country’s third national operator. This licence was granted on March 24, 2021.
Lycamobile’s application was approved following a change to the country’s licensing framework in 2020, which allowed the country’s telecom operators to apply for any licence they choose.
As part of the requirements for the new licence, Lycamobile is expected to increase its network coverage to 90% of the country within five years of receiving the licence and list 20% of its shares on the Uganda Securities Exchange.
Lycamobile is a British mobile virtual network operator (MVNO) with a presence in 23 countries. In Uganda, it operates under its parent company, Tangerine Limited, which has been present in Uganda since 2008. By acquiring this licence, it joins Uganda Telecom Limited (UTL), MTN, and Airtel as the country’s national operators.