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Home Telcos CEO Weekends:Cameroonian Businessman to Launch $10.3 Million Low Cost VoIP Cellular Phone Operator

CEO Weekends:Cameroonian Businessman to Launch $10.3 Million Low Cost VoIP Cellular Phone Operator

by Sam Wakoba
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1320415485813Cameroonians have a reason to smile and probably a chance to save some money, the country is set to have a third cellular phone service provider run by Cameroonian businessman, Seme Noungon, who also runs Seme New Beach Hotel and Seme Mineral Water.

Dubbed Altylis Seme Telecom, the firm is set to go live in the first quarter of this year and is promising Cameroonians cheaper calling rates via VoIP technology, and will be funded by Afriland First Bank. The firm says it has already hired staff, done testing and set to go live.

Seme, set to be the first locally-owned telecom operator in the Cameroon will compete against Orange and MTN  and Viettel which is set to launch towards the end of Q1.

Cameroon has a population of 20 million  in an area of 183,568 sq miles with French, English, Bantu, Semi-Bantu and Sudanic group. The country has National coverage by mobile operators is around 80%, Cameroon has about 13m users of telephones (fixed and mobile) from a population of 20m, The number of Internet users is approaching 1m,Today’s teledensity has reached 47.5 lines per 100 inhabitants and a penetration rate and use of ICT is between 4% and 5% according to ITU.

Image:Camereco.com

 

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