MTN earmarks investment for expansion, 3G rollout

14 Feb 2014

MTN Cameroon, the country’s largest mobile operator by subscribers, is looking to invest XAF600 billion (USD1.2 billion) over the next three years, with the funds allocated for expansion of its wireless network and the planned launch of mobile internet, cloud and data services. Agence Ecofin cites MTN Cameroon’s CEO Karl Toriola as saying that the company is hoping to be awarded a third-generation licence from the government, but this will not take place until Viettel Cameroon’s exclusivity for the provision of 3G services comes to an end in December 2014. Vietnamese-owned Viettel, which was announced as the winner of the country’s third mobile licence in December 2011, has yet to introduce commercial services, although a launch is expected to take place next month. TeleGeography’s GlobalComms Database notes that Viettel fought off rival bids from the likes of Maroc Telecom, Indian telecoms group Bharti Airtel and Technologie et Systeme d’information for the licence, after pledging to invest nearly XAF200 billion in the rollout of a 2G and 3G mobile network that will cover 81% of Cameroon’s territory from launch.

Cameroon, MTN Cameroon