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Wireless

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.

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Categories: Mobile & Wireless
Companies: YooMee
Countries: Cameroon / Chad
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