Nexttel Cameroon is searching for new ‘strategic partners’ after its international investor Viettel exited the business. The telco was launched in 2014 as a joint venture between Viettel Global Investment Joint Stock Company (a subsidiary of Vietnam military telecoms company – Viettel) and Bestcam, a local shareholder. The partnership collapsed after shareholders squabbled over the...
Viettel Cameroon SA, Cameroon’s third privately-owned mobile telecommunications network service provider which operates under the brand name Nexttel, is set to enter the mobile money market in the country. The market is already dominated by MTN Cameroon and Orange Cameroun which run MTN MoMo and Orange Money respectively. Nexttel General Manager Benoit Yaoussou announced recently...
The mobile operator Nexttel, controlled by the Vietnamese group Viettel, has undertaken to launch the “Nexttel Possa” service this year in partnership with the Nigerian bank UBA. It will thus compete with the mobile money services of Orange and MTN. The launch of the Mobile Money service of the mobile operator Viettel Cameroon, which operates under...
