Cape Verde’s incumbent Cabo Verde Telecom (CVT) is mulling legal action against the country’s regulator ARME (Multisectoral Regulatory Agency for the Economy).
State-backed CVT’s complaint is based on ARME opting to grant rival operator Unitel T+ permission to use CVT’s submarine cable terminal in Cape Verde’s capital, Praia.
Despite branding ARME’s decision “illegal” in local news outlet Lusa, CVT is obliged to uphold its ORAE reference offer, under which rival companies may receive wholesale access to its global submarine cable capacity. Local cable landing stations are covered under the offer.
Cape Verde’s government acquired a majority holding in CVT via its National Social Security Institute, when Brazil’s Oi divested the stake and exited the market. Unitel T+ is ultimately owned by Isabel dos Santos, one of Angola’s wealthiest women, via the Netherlands-headquartered Unitel International Holdings.