Lyca mobile expands global footprint with launch of services in Uganda
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Lycamobile, the world’s largest mobile virtual network operator (MVNO), announces this day that it 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, characterized 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.
AllirajahSubaskaran, 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 MVNOwith 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.