Telecom

Cabo Verde Telecom suspects criminal act behind the fire that ravaged its premises in Praia

Cabo Verde Telecom suspects criminal act behind the fire that ravaged its premises in Praia
Wednesday, 15 July 2020 19:07

João Domingos Correia, chairman of the board of directors of incumbent operator Cabo Verde Telecom, revealed that the fire that ravaged part of the company's premises on the night of 11 July 2020 could be due to a criminal act.

“The real causes of the fire are still unclear,” he said during a press conference, stressing that the company has always been the subject of several attacks on its network and equipment.

On the night of 11 July 2020, the fire broke out in one of the energy sectors that supply CV Telecom's telephone centers. As a result, the voice, SMS, and Internet segment were all paralyzed in the country.

Domingos Correia estimates the value of the company's equipment losses at more than 60 million escudos ($600,000), excluding the financial damage caused by the interruption of the company's entire telecom network. According to him, the focus is currently on restoring communication. For the time being, only fixed and mobile Internet, the exchange system, and fixed voice service are in operation. Mobile and fixed voice services could become operational in the next few hours.

On the same topic
UNICEF-backed pilot trains 30 youths for global gig economy Initiative targets jobs gap amid high youth unemployment and underemployment The...
Helios Investment Partners and Fipar-Holding introduced 3MDC to support Morocco’s digital transformation by merging three local tech firms. 3MDC...
Algeria launches digital platform to track raw material imports System centralizes requests, improves transparency and real-time...
The Central Bank introduced IIPS to enable instant mobile money transfers between MTN and Orange. The system cuts salary processing from seven...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
03

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
04

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
05

Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...

$138 Million Standard Bank Facility to Power Safaricom's Ethiopia Business Expansion
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.