Viettel secures Cameroon’s third mobile licence?
Vietnamese telecoms company Viettel Group has allegedly won Cameroon’s third mobile telephony licence, according to a report by Agence Ecofin which cites a statement from Minister of Posts and Telecommunications, Jean-Pierre Biyiti bi Essam.
Last month the ministry announced that four companies had submitted a bid for the concession to establish and operate a wireless network in the country, namely: military-run Viettel; Maroc Telecom, part of the Vivendi Group; Indian telecoms group Bharti Airtel, which acquired the majority of Kuwait-based Zain’s African assets in June 2010; and Technologie et Systeme d’information/Korea Telecom.
According the report, Viettel Cameroon has committed to invest nearly XAF200 billion (USD394 million) in the rollout of a mobile network that will cover 81% of Cameroon’s territory from launch. Outside of its domestic market, Viettel also operates in Cambodia, Laos, Haiti and Mozambique, and holds telecoms licences in Peru and Timor-Leste.