Cameroon Govt throws in 3rd Mobile Licence to attract buyer for ailing Camtel

Cameroon’s Finance Minister, Polycarpe Abah Abah, said last week that
the country’s plans to privatise and restructure state-run telco CamTel
are to be accelerated following approval by the international monetary
fund (IMF) of a three-year USD26.8 million loan under the Poverty
Reduction and Growth programme. The minister said that the privatisation
process for CamTel would be launched by the end of June 2006.