Mme Judith Yah Sunday’s Leadership Propels CAMTEL to Record Profit of FCFA 11.2 Billion in 2023

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Image: Mme Judith Yah Sunday G.M Camtel

Under the transformative leadership of Mme Judith Yah Sunday, Cameroon Telecommunications (CAMTEL) has achieved a financial milestone that sets a new benchmark for the company’s success. The General Assembly, during its meeting on 30 September 2024, announced the approval of CAMTEL’s financial statements for the year ended 31 December 2023. The figures highlight an impressive net profit of CFAF 11.2 billion, the highest in the company’s history.

For the first time since its creation, CAMTEL declared dividends amounting to CFAF 4.6 billion paid to the State, its sole shareholder. This landmark achievement underscores Mme Judith Yah Sunday’s exceptional leadership and her commitment to steering the company towards sustainable growth and profitability.

Mme Judith Yah Sunday has been at the helm of CAMTEL during a period of remarkable transformation. Her strategic vision has not only resulted in financial gains but has also modernized the company’s operations, enhancing efficiency across all departments. The General Assembly acknowledged this by congratulating the Board of Directors, Management, and the entire staff of CAMTEL for their relentless efforts, which led to this outstanding performance.

A Five-Year Journey of Growth

CAMTEL’s consistent upward trajectory in turnover over the past five years is a testament to Mme Judith Yah Sunday’s clear leadership. Revenues soared from CFAF 108.8 billion in 2018 to CFAF 207.4 billion in 2023, more than doubling during her tenure. This steady growth reflects her ability to implement forward-thinking strategies that have positioned CAMTEL as a leader in the telecommunications sector, both in Cameroon and the region.

Strategic Focus and Commitment to Excellence

Mme Judith Yah Sunday has been particularly focused on the rationalization of expenses and the optimization of network services. The General Assembly urged CAMTEL to continue improving its mobile network activities while maintaining cost-efficiency, a direction that Mme Yah Sunday has been championing since taking office. Her decisive actions have not only yielded financial success but also improved the quality of services provided to CAMTEL’s subscribers and customers.

Looking ahead, CAMTEL is poised for even greater achievements under Mme Judith Yah Sunday’s leadership. The company has reasserted its commitment to maintaining excellence and continuously improving its services for the benefit of its stakeholders. Mme Judith Yah Sunday’s leadership will undoubtedly continue to inspire confidence and drive further innovation as CAMTEL looks to the future.

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