Gamtel
Sector: Government • Location: Gambia, The
Source: World Bank Group
In September 2007, the Gambian government sold 50% of the national fixed and mobile telecom company Gamtel for US$35 million to Spectrum Group, a leabnese consortium.
The company had 41,000 and 65,000 fixed and mobile access clients respectively.
In November 2008, the government terminated the partnership with Spectrum Group because of "fundamental breaches of the provisions of the partnersh
- Status
- Failure
- Sector
- Government, Telecommunications, Manufacturing (Industrial)
- Location
- Gambia
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Cancelled |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | In September 2007, the Gambian government sold 50% of the national fixed and mobile telecom company Gamtel for US$35 million to Spectrum Group, a leabnese consortium. The company had 41,000 and 65,000 fixed and mobile access clients respectively. In November 2008, the government terminated the partnership with Spectrum Group because of "fundamental breaches of the provisions of the partnership agreement". Based on publicly available information, no other details were available. Gamtel continued to operate in the Gambian market until as recently as 2011, and beyond, but it remained in state hands. No further update required: company in state hands. |
Original sector | Information and communication technology (ICT) |
Budget |
Location
Country | Gambia |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Government, Telecommunications, Manufacturing (Industrial) |
Article published date | 2024-05-16 |
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