Cape Verde: Cape Verde Communication Profile 2012
2012/02/28
Cape Verde Communication Profile 2012
Cabo Verde Telecom is the sole supplier of telecommunications services in Cape Verde and it reports to the Ministry of Infrastructure and Transport.
The process of transforming the Public Post and telecommunication Enterprise to form two limited-liability companies started in 1995.
These companies were Cabo Verde Telecom and Correios de Cabo Verde. By 1999 Cabo Verde Telecom was on its third stage of privatization. Accordingly, the shares were divided into:
* Portugal Telecom (40%)
* National Social Prov. Institute (27.9%)
* Other National Private Sector (13.7%)
* State of Cape Verde (13.4%)
* Employees (5%)
The Directorate of Communications within the Ministry of Infrastructure and Habitat is the body responsible for the regulation of the telecommunications sector.
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