logoBC
Yaoundé - 14 July 2020 -
Telecom

Cameroon: For the first time in 18 years, revenues in the telecommunications sector have decreased in 2016

Cameroon: For the first time in 18 years, revenues in the telecommunications sector have decreased in 2016
  • Comments   -   Wednesday, 07 February 2018 14:44

(Business in Cameroon) - On December 31, 2016, revenues in the telecommunication sector have decreased for the first time in 18 years (since 1998 that the telecommunication sector has been liberalized) in Cameroon. Indeed the companies operating in the sector (mobile and landline telephony, internet service providers, added-value telecom services) have declared CFA574.44 billion revenues during the 2016 fiscal year. This was revealed by Cameroon’s telecommunication regulatory agency in a report on the state of telecommunication sector in 2016.

According to the agency, this unprecedented 0.5% decrease occurred paradoxically “in a context marked by the increase of the number of operators concessionaire, the rise of competitive activities and the implementation of measures for the development of digital economy in Cameroon”. It was mainly due to “the mobile telephony and internet access sections” which have regressed by 2.27% and 4.32% respectively during the period under review, the agency revealed.

Such situation can be understood are these two sections are the main sections on which the operators have multiplied the promotional offers with the aim to attract the maximum of customers in an environment which has become increasingly competitive.

BRM

cemac-member-countries-raised-cfaf262-3-bln-on-the-money-market-in-march-2020
CEMAC countries raised CFAF262.3 billion on the money market in March 2020, according to the monthly statistics bulletin published by the Bank of Central...
cameroon-hands-over-the-presidency-of-bdeac-s-board-of-directors-with-net-profit-up-32
On July 10, 2020, Cameroon's Finance Minister, Louis Paul Motaze, stepped down from his position as president of the board of directors of the Development...
cameroon-launches-promotional-campaign-to-boost-the-use-of-the-cm-cctld
The Minister of Posts and Telecommunications, Minette Libom Likeng (photo) informs that to boost the use of the  ".cm" country code top-level domain...
the-bdeac-awarded-cfaf155-05-bln-for-development-projects-in-cameroon-congo-gabon-and-chad
The Development Bank of the Central African States (BDEAC) recently granted CFAF155.05 billion to Cameroon, Congo, Gabon, and Chad, according to an...

Mags frontpage


Business in Cameroon n88: June 2020

Covid 19 Its impacts so far


Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»


Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts


Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »