Gambia’s Government ends its relationship with Gamtel owner, Spectrum
Gambia’s Office of the President issued a statement saying that it was ending its “partnership” with the current owner of the country’s incumbent Gamtel. The release states that the decision was taken "due to fundamental breaches of the provisions of the partnership agreement between the government of The Gambia and Spectrum International Holdings."
The release blames this on the company’s management of the company: "This was further exacerbated by the underperformance of Gamtel/Gamcel and the deterioration of the country's telecommunication infrastructure under their watch."
The release concludes by assuring each and every Gambian that the government will “never tolerate investors that try to exploit The Gambia”. And who was it who selected Spectrum to run the company? The President himself without any transparent process of selection.
The Daily Observer