K2 Telecom is a telecommunications network company in

Uganda }), is a landlocked country in East Africa. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The sou ...

. It was established in January 2013. By November 2015, the company's estimated its number of subscribers at about 200,000.

History

K2 was launched by Kabaka Ronald Muwenda Mutebi II, on 31 December 2012. The telco needed one million subscribers to break even. However, K2 could not build up the numbers required to stay afloat. In May 2018, with the phone company owing the

Uganda Revenue Authority The Uganda Revenue Authority (URA) is a government revenue collection agency established by the Parliament of Uganda. Operating under the Ministry of Finance, Planning and Economic Development, the URA is responsible for enforcing, assessing, ...

(URA) USh96 million (US$26,000) in unpaid taxes, URA closed K2 Telecom down. The taxes had accumulated since 2013.

Airtel Uganda Airtel Uganda Limited is a mobile communications and information technology services provider in Uganda. The company also offers mobile funds transfer and banking services known as ''Airtel Payments Bank''. Airtel Uganda Limited is a subsidiary ...

took over the 100,000 customers that K2 had left in July 2018. K2 Telecom continued to operate as a "virtual telecom", receiving a royalty on services rendered to its customers. This partnership is expected to continue, at least until calendar year 2019.

References

External links

Official website
Telecommunications companies of Uganda Telecommunications companies established in 2013 Mobile phone companies of Uganda Companies based in Kampala {{Uganda-stub

History

See also

References

External links