Business Telecoms Providers, Yaounde, Cameroon Africa. (Cameroon News) – The government of Cameroon is opening up the mobile telephone sector to receive new investors with a steering committee already in place working on the project.

Sources from the steering committee on the mobile telephone and optical fibre that met for the first time in Yaounde on September 1, 2011, disclose that three mobile telephone companies have already manifested interest in investing in Cameroon.

MINPOST Ministère des Postes et Télécommunications Cameroon vu du Lac

Business Telecoms Providers – The Africa Coast to Europe (ACE) of the French Telecom consortium is negotiating for a place through its Orange Group and wants to obtain a landing point in Kribi.

The West Africa Cable System (WACS) is negotiating with government through the MTN mobile telephone company and wishes to have a landing point in Limbe.

The third company is Main One, a private mobile telephone company based in Lagos, Nigeria. Government sources say, the mobile telephone companies retained will be known by the end of the year.

Business Telecoms Providers – Post and Telecommunications Minister, Jean Pierre Biyiti bi Essam, chaired the steering committee meeting in the presence of Finance Minister, Essimi Menye.

For now, Cameroon has three mobile telephone companies. Orange and MTN are private, while CAMTEL is state-owned. Statistics show that the country has over 10 million subscribers of mobile telephone.

Mostly urban centres are effectively covered by the companies.