Cameroonian Businessman To Launch First Indigenous Telecom

 Cameroonian businessman and owner of Seme New Beach Hotel, Semme Mineral Water and Climacam, Seme Noungon plans to launch Altylis Seme Telecom, a 7.6 million euro ($10.3 million) lowcost telephony company, into the “uncrowded” Central African market this month.

The first locally-owned telecom operator in the Cameroon, Altylis Seme Telecom said its objective is to “break mobile prices” in the country which has South African telecoms giant MTN and French multinational, Orange as its only mobile network service providers.

Both companies control a combined 11 million subscriber base, which is about half of the country’s population.

In 2012, Vietnamese firm Viettel obtained licences to operate 2G and 3G networks in Cameroon and announced it would go live to the public by March 2014.

According to a study by Pyramid Research, the introduction of 3G services and integrated data could attract more than six million new subscribers in Cameroon by 2017.

source:www.ventures-africa.com

Cameroonian Businessman To Launch First Indigenous Telecom

Cameroonian businessman and owner of Seme New Beach Hotel, Semme Mineral Water and Climacam, Seme Noungon plans to launch Altylis Seme Telecom, a 7.6 million euro ($10.3 million) lowcost telephony company, into the “uncrowded” Central African market this month.

The first locally-owned telecom operator in the Cameroon, Altylis Seme Telecom said its objective is to “break mobile prices” in the country which has South African telecoms giant MTN and French multinational, Orange as its only mobile network service providers.

Both companies control a combined 11 million subscriber base, which is about half of the country’s population.

In 2012, Vietnamese firm Viettel obtained licences to operate 2G and 3G networks in Cameroon and announced it would go live to the public by March 2014.

According to a study by Pyramid Research, the introduction of 3G services and integrated data could attract more than six million new subscribers in Cameroon by 2017.

source: www.cameroon-africa.com

Viettel postponed anticipated cameroon mobile service launch

 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