(Business in Cameroon) - In 2016, the turnover of telecommunication operators operating in Cameroon has decreased by 0.5% to stand at CFA574.4 billion. This was revealed by Cameroon’s telecommunication regulatory agency in a report on the country’s telecommunication market condition.
“In a context marked by the introduction of a 2% excise duty on the turnover of mobile operators and internet access providers, this decline illustrates the impacts of the competitive activities being carried out in the sector. Indeed, the market being less differentiated, the competition tends to be based on the tariffs for services offered and the ability to provide attractive internet bundles. In the short run, such situation creates tensions with negative effects on the operators’ margin”, the agency explained.
Naturally, the decline had impacted the telecommunication sectors contribution in Cameroon’s GDP in 2016 because that year, it contributed 3.25%, a decrease by 0.18% compared to the previous year (2015).
BRM