YooMee wins bank backing for 4G in Cameroon, Chad

Wednesday 11 June 2014 | 18:13 CET | News
The African Guarantee and Economic Co-operation Fund (FAGACE) has selected Swiss-headquartered ISP YooMee Africa's project of deploying 4G services in Cameroon and Chad as one of the initiatives it will finance through a XAF 40 billion, bond issue, reports Investir au Cameroun. The announcement was made in Douala, Cameroon, during a presentation at the stock exchange of 5-year, 5.25 percent bond. Cameroon has not issued any LTE licences yet and Chad licensed Airtel for 3G/4G in April. YooMee opened its 4G network in Cote d'Ivoire last week.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: YooMee
Countries: Cameroon / Chad
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Airtel Chad extends 3G to Abeche, Mondou

Published 13 Apr 2015 11:15 CET | Chad
Airtel Chad has extended its 3G network to the cities of Abeche and Mondou, Journal du Tchad reported. The most recent launch ...

Bharti Airtel launches 3G network in Chad

Published 15 Sep 2014 08:43 CET | Chad
Bharti Airtel has launched 3G services in Chad. The Chad government granted a 3G/4G licence to Airtel in April this year. With ...

YooMee launches TD-LTE in Cote d'Ivoire

Published 09 Apr 2014 11:23 CET | Cote d'Ivoire
YooMee Africa Group has launched its operations in Cote d'Ivoire. After starting in Cameroon, YooMee Africa continues its ...

Alcatel-Lucent to build YooMee LTE network in Africa

Published 13 Nov 2013 13:29 CET | Cameroon
Alcatel-Lucent said it will enable YooMee Africa, an ISP in Cameroon, to expand into new African markets by offering TDD LTE ...

YooMee Cameroon appoints new managing director

Published 10 Jun 2013 13:42 CET | Cameroon
Wireless ISP YooMee Cameroon has appointed Lex Guez as managing director. Guez succeeds Stephane Abrahams, who has left the ...