Nexttel Cameroon, affiliate of the Vietnamese telecommunications company VIETTEL that operates in Cameroon has announced it has reached the 4 million mark of subscribers.
The company which started operating in Cameroon in 2014 announced it had reached 4.2 million customers in October 2017.
Nexttel was the first operator to be granted the 3G broadband license in Cameroon but was, however, unable to use it between 2012 and 2014.
The rapid burst of Nexttel in the Cameroonian market has made the country has become Viettel’s leading market in Africa during the first semester of 2016, two years after it started operating in Cameroon.
According to Ovum, a British firm specialized in strategic analysis in telecommunications, between February 2017 and December 2021, Nexttel will win 3.4% of Cameroon’s telecommunication market, bringing its total market share to 15% over the period. Meanwhile Orange Cameroon and MTN will respectively hold 37% (+2.3%) and 44.6% of the same market over the period reviewed.
Nexttel, the third largest mobile telecommunications firm in Cameroon has the highest potential to grow till 2021.