This is one of the three projects subject to the signing of an agreement between the CAMTEL and the US firm William F Clark & Co LLP.
David Nkoto Emane, the Director General of the Cameroon Telecommunications (Camtel), the incumbent telecommunications company in Cameroon, signed on May 19, 2016 in Yaounde, an Agreement with the US firm William F. Clark & Co LLC, an American company that deals in financing of major projects for 40 years now.
This new American partner of CAMTEL shall mobilize financing of about 150 billion CFA francs for the three projects in Cameroon Telecommunications all aimed to the deployment of a digital economy based on structures capable of ensuring a smooth deployment.
In a statement of the company, we learned that the agreement covers three major projects: the FTTX project: fiber to the home, fiber to the Office, and fiber to the building; the proposed construction of two data centers; the proposed setting up of 2,000 towers on the territory in anticipation of the deployment of 4G network by Castel.
In these three projects, the partner wanted to expand discussed later on the construction of a new building for the CAMTEL headquarters at the 20th May Boulevard.
In detail, “the FTTX project’s implementation plan to connect 1 million households and 300,000 businesses and professionals with optic fiber; both data centers have the mission to secure all data of our country to ensure better management (documentation, archiving, long-term storage, etc.). The large number of pylons will ensure the widespread of the 4G network coverage throughout the territory, favoring (rural areas – border areas – Complete and efficient coverage in national broadband network), “we learn.
The first experts to finalize various contracts will come in Cameroon at the end of this May. This agreement between CAMTEL and William F Clark & Co LLP is one of the repercussions of the international economic conference in Yaounde on investment opportunities in Cameroon.