MTN, Orange to renew Cameroon licences for XAF75bn

11 Mar 2015

MTN Cameroon, the country’s largest mobile operator by subscribers, is renewing its operating licence for XAF75 billion (USD124 million), Reuters cites industry sources as saying. Alongside the renewal, the South African firm will also receive permission to launch third generation (3G) services, enabling it to compete with Viettel Cameroon (Nexttel) in the high speed mobile data market. Local reports claim that Orange Cameroun, a subsidiary of France’s Orange Group, is also set to renew its operating concession for XAF75 billion, while additionally receiving clearance to offer 3G. MTN and Orange have been locked in negotiations with the government over the renewal of their licences. Earlier this year it was reported that the XAF75 billion fee was recommended by consulting and advisory firm MAAS Telecom, which had been hired by the government to determine the fee of the licences based on the current and forecast financial performance of the two cellcos.

Cameroon, MTN Cameroon, Orange Cameroon