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Infos Business of Wednesday, 27 April 2016

Source: businessincameroon.com

ZTE opens branch in Cameroon worth FCFA 480 mln

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The Chinese telecoms equipment manufacturer ZTE has created its Cameroonian subsidiary called ZTE Cameroun Sarl. Led by Mrs Ruoyi Qi, this new company registered in December 2015 has a capital of FCfa 480 million, we learned in a legal notice published on 21 April 2016.

The purpose of ZTE Cameroun Sarl covers a very large range in the telecommunications sector. This includes among other the construction and installation of telecoms infrastructure, as well as their repair and maintenance; the supply of training on telecoms networks; the import and export of materials; consultancy services for telecoms companies; the manufacture, exchange, sale and assembly of telecoms infrastructure, etc.

Through this subsidiary, ZTE will be able to directly market its equipment on the Cameroonian market, an activity which was undertaken until now by the company Mitsumi Distribution, presented as one of the main distributors of information and communication technologies on the African continent. ZTE had announced, in early 2015, the signing of a contract relating to this, covering 15 countries in Africa, including Cameroon.

As a reminder, in 2013, Chinese equipment manufacturer ZTE has won in Cameroon the contract for the implementation of a national emergency telecommunications plan linked to Cameroonian administrations in charge of managing natural disasters. This OTC contract led to challenges by other competing companies, who judged the financial offer made by ZTE as too high.