Telecom

Guinea-Bissau: Guinea Telecom, Guinetel resume activities

Guinea-Bissau: Guinea Telecom, Guinetel resume activities
Friday, 24 September 2021 13:28

Six years after being declared bankrupt by the government, the incumbent operator and its mobile branch are back to business. They return to a market where MTN and Orange have had enough time to establish themselves.

The incumbent telecom operator Guinea Telecom S.A. will soon make its return to the Guinea-Bissau telecom market. On September 21, the company received from the Communication Minister, Augusto Gomes, a new license to operate as a network, fixed-line telecom service provider, and infrastructure operator throughout the country.

On September 14, the operator’s mobile branch Guinetel was awarded a unique license by the Board of Directors of the National Regulatory Authority for Information Technology and Communication (ARN-TIC).

The communication Minister explained that the return of state-owned companies to the national telecom market reflects the state's desire for sovereignty in telecommunications, particularly concerning the security of communications and national data.

In 2014, Guinea Telecom and Guinetel were declared bankrupt by the government following several years of poor financial health. In a market open to competition since 2003, the two companies were struggling to stand the competition from MTN and Orange.

In 2015, an interministerial commission dedicated to the revival of the two public companies was set up. It was funded by the West African Development Bank (BOAD) and the World Bank to carry out the technical and financial studies related to the project.

Augusto Gomes has promised, for the next few days, the approval of the specifications. An international tender will thus be launched to select a partner that will help make the companies more profitable. Through this project, the government seeks to tap into the various opportunities in the sector.

Muriel Edjo

On the same topic
Namibia to launch national campaign on AI, digital and media literacy Govt cites rise in scams, deepfakes, and disinformation as key threats AI...
Equinix to open $22M data center in Lagos by Q1 2026 Project part of $100M Africa plan amid rising digital infrastructure...
Guinea, Sierra Leone sign MoU to end roaming charges on calls and data Agreement supports border connectivity, follows 2024 internet backbone...
Egypt’s IT Industry Development Agency (ITIDA) signed MoUs with 55 firms to create 70,000 new ICT jobs. The plan supports the government’s Digital...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
03

Africa is projected to supply up to 9% of the global rare earths market thanks to announced mines, p...

U.S. Stays Course on African Rare Earths, Despite China Deal
04

Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter...

Ghana Moves to Rein In $8.4 Billion Energy Debt with Stronger Regulation
05

COBAC raises bank capital requirement to 25 billion CFA francs from 10 billion Compliance dea...

CEMAC Regulator Quadruples Bank Capital Requirement, Matching Regional Trend
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.