CAMEROON’S CAMTEL HAS TEN POSSIBLE SUITORS

Telecoms

There are ten candidates for purchasing 51% of Cameroon’s incumbent CAMTEL. The winner will get a fixed network and a recently started mobile operation. The Government is describing the eventual winner as a “strategic partner” but with 51% the new owner will have effective control over most areas of decision-making.

The bidders are: Celtel, Dhabi Group, Econet, Essar, Etisalat, France Telecom (owners of Orange), Maroc Telecom (owned by the French conglomerate Vivendi), MTN, Portugal Telecom, and a partnership of Telkom and Vodacom.

Cameroon Tribune