Company MTN Uganda Limited

Equities

MTNU

UG0000001566

Wireless Telecommunications Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Annual profits - Rate of surprise

Sector Other Wireless Telecommunications Services

End-of-day quote UGANDA SECURITIES EXCHANGE Other stock markets 06:00:00 2024-05-20 pm EDT			5-day change	1st Jan Change
169 ^UGX	-0.56%		-0.56%	-0.88%

Jan. 15	MTN Uganda Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Jan. 15	MTN Uganda Limited Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

MTN (Uganda) Limited is one of Uganda's leading telecommunications operators. Net sales break down by activity as follows:

- telecommunications services (74.5%): for individuals (84% of net sales), companies (9.3%) and operators (6.7%);

- mobile financial services (25.5%).

Number of employees: 1,262

UGX in Million	2022	Weight	2023	Weight	Delta
Network Services 63.1 %	1,472,553	64.4 %	1,683,056	63.1 %	+14.30%
Digital and Fintech Services 29.3 %	660,799	28.9 %	781,013	29.3 %	+18.19%
Interconnect and Roaming 4.1 %	90,334	4.0 %	108,576	4.1 %	+20.19%
Other 2.1 %	42,242	1.8 %	57,216	2.1 %	+35.45%
Mobile Devices 1.5 %	20,324	0.9 %	39,284	1.5 %	+93.29%

UGX in Million	2022	Weight	2023	Weight	Delta
Uganda 100.0 %	2,286,252	100.0 %	2,669,146	100.0 %	+16.75%

Managers	Title	Age	Since
Sylvia Mulinge CEO	Chief Executive Officer	47	22-09-30
Andrew Bugembe DFI	Director of Finance/CFO	50	20-11-01
Samuel Gitta CMP	Compliance Officer	-	20-06-30
Sen Somdev SAM	Sales & Marketing	-	19-01-31
Judith Namugenyi AUD	Comptroller/Controller/Auditor	-	09-05-31
Joseph Bogera SAM	Sales & Marketing	-	05-08-31
Michael Kawesa-Sekadde HRO	Human Resources Officer	-	99-11-30
Enid Edroma LAW	General Counsel	-	19-02-22

Members of the board	Title	Age	Since
Yolanda Cuba BRD	Director/Board Member	44	21-03-15
Charles M. Mbire CHM	Chairman	64	98-02-24
Karabo Nondumo BRD	Director/Board Member	46	21-03-31
Sylvia Mulinge CEO	Chief Executive Officer	47	22-09-30
Sugentharan Perumal BRD	Director/Board Member	45	19-08-04
Andrew Bugembe DFI	Director of Finance/CFO	50	20-11-01

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	22,389,044,239	22,165,153,797 ( 99.00 %)	0	99.00 %

Name	Equities	%	Valuation
MTN GROUP LIMITED 83.05 %	18,593,811,989	83.05 %	837 M UGX
National Social Security Fund Uganda 9.159 %	2,050,696,102	9.159 %	92 M UGX
Charles M. Mbire 4.000 %	895,561,810	4.000 %	40 M UGX
Government of Uganda 0.1876 %	42,000,000	0.1876 %	2 M UGX
Duet Asset Management Ltd. 0.1340 %	30,000,000	0.1340 %	1 M UGX
FIRSTRAND LIMITED 0.0983 %	22,000,000	0.0983 %	990 000 UGX

MTN Uganda Ltd.

Jinja Road Plot 69/71

, Kampala

+0771 001 000

http://www.mtn.co.ug

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

169 UGX

Average target price

195.3 UGX

Spread / Average Target

+15.52%

Consensus

Company calendar

Technology

Telecommunications Services

Telecommunications Services

Wireless Telecommunications Services

Other Wireless Telecommunications Services

	1st Jan change	Capi.
MTN UGANDA LIMITED	-0.88%	994M
T-MOBILE US	+2.51%	193B
AT&T INC.	+2.92%	124B
SOFTBANK GROUP CORP.	+33.04%	76.77B
KDDI CORPORATION	-3.03%	57.98B
CHINA UNICOM HONG KONG LIMITED	+27.14%	24.19B
ADVANCED INFO SERVICE	-5.07%	16.86B
TELENOR ASA	+8.06%	16.54B
VODACOM GROUP LIMITED	-10.49%	10.16B
TAIWAN MOBILE CO., LTD.	+7.00%	9.87B

Other Wireless Telecommunications Services