CONCLUSIONS OF THE 2ND SPECIAL CABINET MEETING HELD 21ST FEBRUARY 2019
In its special cabinet meeting in 2019, cabinet deliberated on a joint paper presented by the Ministers of Finance and Information Communication on the outcome of an options-study for restructuring government supply-side participation in the country’s telecoms market.
After thorough deliberation on the options in the study, Cabinet agreed on the following actions as recommended by the Ministry of Information and Communications Infrastructure, and h Ministry of Finance and Economic Affairs.
1. Cabinet’s position on the recommendations on Gamcel. Cabinet agreed that Gamcel be repositioned and restructured first, then divest its shares. The restructuring will ensure that Gamcel operates under independent management free from Gamtel’s control and influence.
2. Cabinet endorses the recommendation that Gamtel be restructured and repositioned, to make it more effective and efficient.
3. Cabinet further agreed that the liberalization of the international gateway be expedited, with the full-blown monitoring system which will be managed by the PURA