Vietnamese mobile telephone operator, Viettel, has postponed its launch into the Cameroonian market till “probably” March 2014.
Viettel, which was supposed to roll out operations in December, needs more time than the 12 months originally agreed with the government in December 2012 when it obtained an operating license.
The delay is due to uncompleted 2G and 3G service networks and instalment of infrastructure in the 10 stipulated in the contracts.
Reports have attributed the “remote” nature of some of the regions for the difficulty.
To favourably compete in the telecom market now dominated by MTN and ORANGE, Viettel wants everything set right. The Vietnamese company has signed-off on the use of 200 billion FCfa ($420 million) to cover the 81 percent launch of 2G and 3G services as well as to increase this coverage to 95 percent in three years.
Currently, Cameroon has some 11 million subscribers, representing a population penetration level of around 50 percent.
source: www.ventures-africa.com
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