Telecom

Cameroon: Nexttel with largest market share increase

Sunday, 20 September 2015 16:07

(Ecofin Agency) - Exactly one year ago, on 18 September 2015, Nexttel, Cameroon’s 3rd mobile operator, launched its activities in the country. Over the period, the Vietnamese telecom operator registered about 2 million subscribers, which represents 11% of Cameroon’s market shares.

Considering this penetration rate recorded over the last year, Nextell now boasts of having “the largest market share increase in Cameroon”. The company believes this performance to be a result of the rapid network expansion, which covers up to 85% of Cameroon with 1,000 BTS.

However, the establishment of this network was backed by an investment of about 200 billion CFA franc, which allowed for the construction of 1,250 BTS in the country, among others realizations.

As a reminder, Nexttel is owned by Vietnamese group Viettel, first holder of a 3G license in Cameroon in 2012, but who for various reasons, was able to launch it only six months ago, thus losing exclusivity over the technology, since MTN and Orange, Nexttel’s rivals, renewed their license and benefited from government deploying the technology to all operators

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