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GAMTEL, GAMCEL loss statement

GAMTEL, GAMCEL lose over D870M 

State-owned telecommunications companies GAMTEL and GAMCEL recorded combined losses exceeding D870 million in 2022, lawmakers deliberated today 24 February during a presentation of the firms’ annual activity report and financial statements before the National Assembly’s Standing Committee on Public Enterprises. The figures presented to the committee showed that while revenue improved in some areas, mounting…

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MOCDE Minister, Lamin Jabbi

MOCDE Minister Reveals D6.7B Investment Proposal, 700 Staff to Be Laid Off

Lamin Jabbi, the Minister for Communications and Digital Economy (MOCDE), on Wednesday, December 10, 2025,  provided detailed updates to the National Assembly Members on the ongoing restructuring of state-owned enterprises Gamtel and Gamcel, revealing that the government is negotiating an investment of D6.7 billion for the modernization and commercialization of the telecom giant. Addressing questions…

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