Cameroon‘s Camtel Navigates Dramatic Revenue Shift โคas Fixed-Line Business Plummets
Yaoundรฉ,โ Cameroon – Camtel, Cameroon’s state-ownedโ telecommunications operator, isโ undergoing a significant change โas revenue from traditional fixed-line services collapses, offset by surging demand for internet connectivity. A โคrecent audit reveals a โdramatic 90% decline in fixed-line revenue between 2015 and 2020, a result of widespreadโ mobile phone adoption across the country.
Despite this steep drop, Camtel’s fixed-line division remains the company’s primary revenue driver, fueled by the growing appetite for fixed internet services. Accordingโ to a report by the Accountsโค chamber of Cameroon’s Supreme Court,fixed servicesโค accounted for โค67% of Camtel’s total โturnover in 2020,with โtransport services contributing 18% and mobile services 15%.
The audit data paints a stark โคpicture of โthe decline of fixed-line telephony, once the cornerstone of Camtel’s business. Revenueโ generated from fixed-line telephone services fellโ from CFA20.9 billion in 2015 (out ofโค a total fixed services turnover ofโ CFA63.9 billion) to a mere CFA1.8 billion in 20