MTN Uganda has announced its commitment to support the local smartphone assembly and manufacturing industry by purchasing one million handsets. Smartphone usage in Uganda currently stands at under 40%, and the telecom company’s initiative aims to lower handset costs and enhance overall smartphone adoption.
During his speech at the second Uganda – South Africa Trade and Investment summit held in Munyonyo on September 6th, Mcebisi Hubert Jonas, the Chairman of MTN Group, expressed the company’s dedication to bolstering a local smartphone assembly factory. He stated, “In the near future, we will procure a million handsets from that factory to ensure its sustainability and success.” Mr. Jonas further commented, “Without a doubt, we can declare this conference a resounding success.”
Mr. Jonas also acknowledged the institutional quality in Uganda, stating, “I think that there is a great appreciation of the institutional quality in Uganda.” He emphasized the importance of continuing efforts to improve institutional quality and reduce the cost of doing business in the country.