A private cellular phone in Togo, Atlantic Telecom, operating on the network Moov, is facing suspension for failing to renew its licence.
According to Mr. Palouki Massina, Chief Executive Officer of the regulation agency of Post and Telecommunications Company (ARTP), Atlantic Telecom must pay 20 billion
CFA by noon on August 10 to renew its licence which expired in June 2008 or face suspension.
The company is said not to have complied with two decrees spelling out the financial conditions of renewal of its licence.
So far, only operators Togo Telecom and Togo Cellular have started carrying out measures in the decrees, ARTP reported in a statement on Saturday.
Subscribers of Atlantic Telecom have tripled between 2006 and 2008 to 600,000 ma king it a serious rival of the state-owned company Togocel, thanks to its techno l logical innovations and marketing strategies.
Since it commenced business in Togo, it has been the official sponsor of Miss To go and several social, cultural and sports activities.