Guinea’s telecoms minister Oye Guilavogui has announced that defunct state-owned fixed and wireless network operator Societe des Telecoms de Guinee (Sotelgui) is set to re-launch its operations by the end of 2014. According to news agency Agence Ecofin, Guilavogui disclosed that the network equipment required for the upgrade of the incumbent’s networks is ‘expected shortly’. The minister said: ‘Sotelgui will regain its leading position before the end of 2014. I can make this promise to all the people of Guinea.’
According to TeleGeography’s GlobalComms Database, Sotelgui’s financial situation has been deteriorating since April 2010, with the company reportedly owed USD22.5 million by the government, following years of non-payment for services. In February 2013 reports in local media emerged suggesting that the state-owned operator had gone bankrupt and was in the process of receivership. Subsequently, in October 2013, ARPT confirmed that Sotelgui was indeed no longer operational, reporting no subscribers to the company’s services for two consecutive quarters (1Q13 and 2Q13).