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10, November 2017
Vodafone and La Republique: Auf Wiedersehen 0
Vodafone has announced the termination of its activities in La Republique du Cameroun. The company made public its decision today Friday, November 10, 2017 indicating that its truly over. After the withdrawal of its license by the Ministry of Posts and Telecommunications and the Telecommunications Regulatory Authority including the long suspension of its services, the multinational specialized in telecommunications reluctantly concluded that it was no longer commercially viable to resume its services in Cameroon.
As a result, Afrimax Cameroon ceased operations with immediate effect, “says a company official. Vodafone in a statement presented their sincere apologies to their customers, partners and suppliers “for the inconvenience caused”. They also thanked the loyal staff of Afrimax Cameroon for their hard work, enthusiasm and support.
The press release from Vodafone Cameroon also stated that the structure operated by Afrimax using the Vodafone trademark in accordance with the license agreement signed with the Vodafone Group has no equity interest in Afrimax or Vodafone Cameroon.
In mid-September 2017, the inexperienced Francophone Minister of Post and Telecommunications suspended Vodafone Cameroon on the grounds that the company had sold all of its capital to Afrimax. The partnership signed in July 2017 between Vodafone and Cameroon Telecommunications (CAMTEL), the state-owned telecoms operator, stipulated that Vodafone Cameroon will use CAMTEL’s existing infrastructure that covers 100% the cities of Douala and Yaounde and will allow Vodafone to expand its geographical coverage throughout the country.
By Sonne Peter with files from CIN