USD50 million plan to revive Sotelgui is ‘not enough’

5 Oct 2017

The ongoing saga regarding the proposed revival of defunct telecoms operator Societe des Telecoms de Guinee (Sotelgui) is showing no signs of progress as the Minister of Posts, Telecommunications and Digital Economy, Mamy Moustapha Diaby stated this week that the USD50 million plan to bring back Sotelgui was insufficient. According to Mosaique Guinee, Diaby took questions from a parliamentary committee this week in which he told MPs that the relaunch of Sotelgui strongly requires a more dynamic and professional public-private partnership in order to compete once more with other telecoms companies in Guinea.

Sotelgui was declared bankrupt in February 2013 and since then there have been a number of failed attempts to relaunch. In January this year Minister Diaby said that the operator would be relaunched this year, however, with the latest development, this prediction appears unlikely.

Guinea,Ministry of Posts, Telecommunications and Digital Economy, Societe des Telecoms de Guinee (Sotelgui),

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