logoBC
Yaoundé - 20 April 2024 -
Telecom

Cameroon loses several billion FCFA each year to Sim Box fraud

Cameroon loses several billion FCFA each year to Sim Box fraud
  • Comments   -   Thursday, 20 August 2015 03:17

(Business in Cameroon) - Andy Gent has made it clear. On August 12 and 13, 2015, the Chairman of Revector, the world leader in gsm fraud protection, made a thousand test calls to Cameroon. “Seven hundred calls were made with Orange and MTN sim cards. Sixty-five percent of these calls were illegal,” stated the firm in the private Cameroonian daily paper, Mutations, which was reporting its conclusions on a forum on Sim (Sim Box) fraud, recently held in Yaoundé by Muna Governance and Economics Forum (MUGEF).

According to explanations by Akéré Muna, the renowned Cameroonian lawyer, “the Sim Box contains several Sim cards and can make calls originating from abroad appear to be made in Cameroon.” He goes on to say that the person who fraudulently uses the card can avoid international billing and relevant taxes which results in losses in the billions of FCFA for companies and the government. Andy Gent revealed an example from 2013 when “losses amounted to 2.63 billion dollars (over 1 trillion FCFA) worldwide”.

Apart from these significant financial losses, sim box fraud often contributes to the congestion, poor sound quality, dropped calls and call connection delays experienced on the network. Facing this worrying situation, Pastal Services and Telecommunications Minister Jean-Pierre Biyiti bi Essam assured that the government is currently looking at technical solutions to prevent these incidents of fraud.

At MTN and Orange Cameroon telecom companies, representatives at the anti-sim box fraud forum indicated there is an “all hands on deck” approach to the fight against fraudulent callers.

api-signs-key-agreements-to-boost-investor-access-to-economic-zones
The Investment Promotion Agency (API) reached two Memorandums of Understanding with the Port Authority of Kribi (PAK) and the Mission for the Development...
cameroun-repays-cfa39-8bn-debt-with-new-borrowings
On April 17, Cameroon reimbursed CFA39.8 billion on the public securities market of the Central African States Bank (BEAC). Renowned for its solvency...
cemac-raises-cfa4-336tn-in-2023-public-securities-cfa2-5tn-less-than-waemu
In 2023, the six Cemac countries collectively raised CFA4,336.3 billion on the public securities market of the Central African States Bank (Beac),...
cameroon-minister-urges-african-restaurants-to-unite-on-geographic-indications
Fuh Calistus Gentry, the interim Minister of Mines, Industry, and Technological Development, and Country Director of the African Intellectual Property...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »