Gambia Telecommunications Company (Gamtel) has reported a 4% year-on-year increase in fixed network revenues to GMD1. 450 billion (USD48 million) in full-year 2011, compared to GMD1.395 billion earned in 2010. Managing director Baboucarr Sanyang, presenting the fixed line telco’s annual activity report and financial statement to the National Assembly, announced that the growth in total turnover was attributed to yearly increases in international, interconnection and data revenue of GMD13 million, GMD32 million and GMD42 million, respectively.
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OVETEL Gamtel’s fixed network revenues grow 4%; Gamcel sales jump 48%
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