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Mobile & Wireless

Airtel, KT, Maroc Telecom, Viettel bid for Cameroon licence

Thursday 15 November 2012 | 08:34 CET | News
Bharti Airtel, Korea Telecom, Maroc Telecom and Viettel have successfuly submitted their bids to Cameroon post and telecoms ministry for the country's third mobile phone licence, Agence Ecofin reports. They are among seven shortlisted candidates, all with at least USD 200 million in funds. The companies that dropped out are reportedly Deutsche Telekom, Portugal Telecom and Monaco Telecom/C&W Communications. The ministry has until 19 November to analyse the bids, and choose a winner in a second phase. Cameroon's existing mobile operators are Orange Cameroon and MTN Cameroon. They share the phone market with fixed incumbent Camtel. It is hoped that the entry of another operator will boost competition and result in lower prices.

Categories: Mobile & Wireless
Companies: Bharti Airtel / C&W Communications / Deutsche Telekom / Maroc Telecom / MTN Cameroon / Orange Cameroon / Portugal Telecom / Viettel
Countries: Cameroon
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