Lycamobile, one of world’s largest mobile virtual network operators (MVNO), announces has opened operations in Uganda.
This development expands Lycamobile’s global network reach to 24 counties worldwide.
Uganda is one of the biggest destinations for telecoms business in Africa, characterised by discerning high utility consumers. It has approximately 25 million mobile phone users and a nationwide mobile penetration rate of 71% with Kampala alone accounting for over 50%. Lycamobile has established countrywide infrastructure, meaning Ugandans all across the country will have the chance to connect with friends and family through Lycamobile’s high-quality, low-cost voice and data services.
Allirajah Subaskaran, Lyca Group Founder and Chairman said: “This is a historical milestone for the Group and we are delighted to be embarking on the roll out of services to the Ugandan market. As the world’s largest MVNO with a sustained focus on Africa, it is a natural move for Lycamobile to venture into Uganda. We are currently operational in South Africa and considered Uganda in the East African region because of the market potential and ease of doing business. Now that we are here, we look forward to helping connect increasing numbers of Ugandans, both nationally and internationally.’’
Since being established in 2006, Lycamobile has grown quickly to serve over 15 million customers globally, including in Europe, the USA, Australia and Asia. Following recent launches, this latest advance further supports the firm’s ambition to help connect friends and family around the world.