Cameroon: MTN and Orange achieve turnover of more than 500 billion FCFA in Cameroon in 2020

(Ecofin agency) - If it has strongly affected the economy of countries, the COVVI -19 crisis was a boon for telecom operators who have seen their turnover explode.Cameroon is no exception to this trend, despite the English -speaking separatism crisis that shakes the country.

According to the Minister of Posts and Telecoms, Minette Libom Li Likeng, MTN and Orange, the two leaders in the mobile telephony market in Cameroon, achieved a cumulative turnover of 500.3 billion FCFA during the year2020.The information was revealed on May 17, 2021 in Yaoundé, the country's capital, at the opening of the three days of commemoration of the 20th anniversary of the advent of mobile telephony in Cameroon.

La performance de ces deux opérateurs est notable, en comparaison avec l’année 2017, au cours de laquelle les trois opérateurs actifs sur le marché (Nextell est le 3^e) avaient affiché un chiffre d’affaires global de 480,7 milliards FCFA, selon les données de l’Agence de régulation des télécoms (ART).

Cameroun : MTN et Orange réalisent un chiffre d’affaires de plus de 500 milliards FCFA au Cameroun en 2020

La bonne tenue du chiffre d’affaires du duo MTN-Orange en 2020 transparaissait déjà dans les états financiers de la filiale locale de l’opérateur des télécoms sud-africain dès le 3^e trimestre 2020.Indeed, during this period, MTN Cameroon achieved a turnover of 1.73 billion Rands (approximately 66 billion FCFA), according to data communicated by the parent company to its investors on the Johannesburg Stock Exchange.

Avec cette hausse de 27% par rapport à la même période en 2019, la filiale camerounaise apportait ainsi sa meilleure contribution aux revenus du groupe depuis le 1^er trimestre 2019, analyse Investir au Cameroun.

The turnover achieved by MTN and Orange in 2020, despite the damage made to telecom operators the separatists of the English -speaking regions of Cameroon can be explained by the explosion of the use of the Internet fromMarch 2020, due to the fashion of telework imposed by the restriction measures linked to the coronavirus pandemic in the world.

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