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UG Standard - Latest News

New telecom player Talkio Mobile set to launch operations in Uganda

by MANFRED TUMUSIIME | UG STANDARD REPORTER
20/08/2024
in TECH
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KAMPALA, UGANDA – Talkio Mobile, a new telecom player, is set to launch operations in Uganda, promising to revolutionize the country’s telecommunications landscape. The company, licensed by the Uganda Communications Commission (UCC), will offer voice, data, SMS, and mobile money services.

Talkio Mobile’s entry is expected to increase competition, providing consumers with more options and better services

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The company has established a strong presence, with offices in Kampala and a network of distributors and retailers. Its launch is expected to create jobs and stimulate economic growth.

Services will be available next month, with competitive pricing and innovative services expected. Consumers have welcomed the new player, citing increased competition and improved services.

The UCC has also welcomed Talkio Mobile, saying it will increase competition and provide consumers with more options.

Uganda’s telecommunications industry has experienced significant growth, driven by increasing demand for mobile services, 4G network expansion, and government initiatives to promote digital inclusion. The market is dominated by MTN Uganda, Airtel Uganda, and Uganda Telecom Limited (UTL).

Talkio Mobile’s launch is expected to disrupt the market, providing users with more options and competitive pricing. The industry is expected to grow at a CAGR of 10.4% from 2022 to 2027, driven by increasing demand for data services, 4G network expansion, and government initiatives.

Despite growth prospects, the industry faces challenges, including infrastructure constraints and regulatory challenges. However, these challenges present opportunities for new players to innovate and provide solutions to meet changing consumer needs.

Talkio Mobile’s launch is expected to be a game-changer in Uganda’s telecommunications industry, providing better services and competitive pricing. As the industry evolves, innovation and solutions to meet changing consumer needs will be essential.

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