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Show Media ItemShow Media Item - Government terminates partnership with Spectrum

Government terminates partnership with Spectrum

Africa » Gambia
Monday, November 10, 2008

The government of The Gambia has announced the termination of its partnership agreement between Spectrum International Group and Gamtel, the national telecommunication giant. This is contained in a news release monitored on GRTS, and it is reported to have come from the office of the president.

The release states that the decision was taken "due to fundamental breaches of the provisions of the partnership agreement between the government of The Gambia and Spectrum International Holdings."

And it went on: "this was further exacerbated by the underperformance of Gamtel/Gamcel and the deterioration of the country's telecommunication infrastructure under their watch."

The release concludes by assuring each and every Gambian that the government will never tolerate investors that try to exploit The Gambia.

Author: DO
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