logoBC
Yaoundé - 20 October 2019 -
Insurance

Cameroon: Telecom investments shrunk by 23.8% in 2017

Cameroon: Telecom investments shrunk by 23.8% in 2017
  • Comments   -   Thursday, 15 November 2018 13:08

(Business in Cameroon) - In 2017, investments in the Cameroonian telecom sector totaled CFA305.3 billion after a peak at CFA400 billion in 2016 which was the best performance since 2009, the sector’s regulatory authority said in a recent report.

Though it excludes the “entrance or renewal fees”, the figure is down 23.8% from the previous year, the document read. This poor performance stemmed from a lower investment in 2017 by operators including Orange, MTN and Nexttel. As the main investors in Cameroon's telecom sector, these operators made major investments in 2014, 2015 and 2016.

Let’s note that Nexttel launched the first 3G network in the country in 2014. MTN and Orange renewed their licenses for 3G and 4G in 2015 while the 2016 year corresponds to the expansion of these technology across the country (2016).

BRM

france-first-supplier-of-imported-products-under-cameroon-s-economic-partnership-with-the-eu
Between August 4, 2016, and August 4, 2019, under the economic partnership agreement with the European Union, there were four main suppliers for products...
cameroon-successes-and-challenges-of-the-construction-of-the-nationale-n-15
While the lot 4 (44.9-km Yoko-Lena section) of the Nationale n° 15 Batchenga (Centre)-Ntui-Yoko-Lena-Tibati (Adamaoua) has been completed already,...
cemac-authorities-praise-a-rise-in-the-volume-of-currency-channeled-back-by-banks-to-the-beac
At the end of the ordinary meeting of the Central African Monetary Union (UMAC)’s ministerial council, in Yaoundé, on October 2, 2019, CEMAC authorities...
cameroon-18-carriers-authorized-to-operate-in-nov-2019-march-2020
Cameroon Civil Aviation Authority (CCAA) recently published the winter 2019/2020 flying schedule of carriers operating in Cameroon. For the winter, which...

Mags frontpage


Business in Cameroon n80: October 2019

Agribusiness: Brazil ready to show Cameroon the way to higher spheres


Reviewing the state of things in the North and Far North


Investir au Cameroun n90: Octobre 2019

Le coût faramineux de la « crise anglophone »


Décollage réussi pour la Transahélienne de Camair-Co