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
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
The Democratic Republic of Congo and Angola will hold their third bilateral economic forum from March 31 to April 3 in Kinshasa. The forum will focus...
Burkina Faso ratified a $80.3 million loan from the African Development Bank to modernize transport infrastructure. The project targets road...
The European Union launched PanAfGeo+ Invest to promote EU investments in critical minerals across Africa. The program targets Democratic Republic of...
Tshisekedi orders Grand Inga agreements finalized within 60 days Government to adopt legal framework to unlock World Bank support Inga 3...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...