Cameroon tower market susceptible to country risk dynamics
Opportunities created by economic growth, a new market entrant and a transition to 3G balanced by political and security instability and an end to fuel subsidies
BMI View: The macroeconomic and telecoms industry environments in Cameroon offer a mixed bag of upside and downside risks. Investors and companies in the country’s budding towers market must thoroughly assess these risks to ensure long-term growth and the sustainability of their operations in the country.
Cameroon’s mobile market is one of the least-developed in Africa in terms of market penetration and deployment of advanced data networks. The country had a mobile penetration of just 66.3% at the end of 2013, according to BMI data, and is one of a handful of major markets where a commercial 3G network service is not yet available.