Telecom

Guinea-Bissau: Guinea Telecom, Guinetel resume activities

Guinea-Bissau: Guinea Telecom, Guinetel resume activities
Friday, 24 September 2021 13:28

Six years after being declared bankrupt by the government, the incumbent operator and its mobile branch are back to business. They return to a market where MTN and Orange have had enough time to establish themselves.

The incumbent telecom operator Guinea Telecom S.A. will soon make its return to the Guinea-Bissau telecom market. On September 21, the company received from the Communication Minister, Augusto Gomes, a new license to operate as a network, fixed-line telecom service provider, and infrastructure operator throughout the country.

On September 14, the operator’s mobile branch Guinetel was awarded a unique license by the Board of Directors of the National Regulatory Authority for Information Technology and Communication (ARN-TIC).

The communication Minister explained that the return of state-owned companies to the national telecom market reflects the state's desire for sovereignty in telecommunications, particularly concerning the security of communications and national data.

In 2014, Guinea Telecom and Guinetel were declared bankrupt by the government following several years of poor financial health. In a market open to competition since 2003, the two companies were struggling to stand the competition from MTN and Orange.

In 2015, an interministerial commission dedicated to the revival of the two public companies was set up. It was funded by the West African Development Bank (BOAD) and the World Bank to carry out the technical and financial studies related to the project.

Augusto Gomes has promised, for the next few days, the approval of the specifications. An international tender will thus be launched to select a partner that will help make the companies more profitable. Through this project, the government seeks to tap into the various opportunities in the sector.

Muriel Edjo

On the same topic
The government confirms a major intrusion into the newly launched national e-visa system, with data from tens of thousands of applicants potentially...
MTN partners with Microsoft to roll out AI tools from 2026 Copilot and Microsoft 365 to boost learning across MTN user devices MTN shifts toward...
(TRANSFORM AFRICA SUMMIT) - On the second day of the Transform Africa Summit 2025, held under the theme “AI for Africa: Innovate Locally, Impact...
Government targets 4,500 additional zones for mobile coverage by 2027 Second phase focuses on villages and rural areas with 500–2,000...
Most Read
01

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
02

The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...

Nigeria Launches National Payment Stack, Targets Faster Digital Transactions
03

Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...

ECOWAS secures $56.7mln German support for security and governance
04

Nigeria implemented the National Payment Stack (NPS), a new unified infrastructure, to enhance dig...

Beyond Banks: Nigeria’s National Payment Stack Embraces Fintechs
05

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
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.