Since 2023, Nexttel has been on an operational pause.

A group of US investors has expressed interest in acquiring telco Viettel Cameroon, which operates under the trade name Nexttel.

Viettel, a subsidiary of Vietnam's military telecoms business, holds more than half of Nexttel's shares and is in talks to sell them, according to L'Economie daily.

The daily, stated: "The latest is that certain American investors are interested in Nexttel's revival. The discussions are stalled due to an ongoing legal dispute between Viettel and its Cameroonian partner, Bestinver Cameroon."

There were no further details made available. Nexttel had not responded to a request for comments at the time publication.

A five-year internal management conflict involving Vietnamese and Cameroonian stakeholders has rocked Nexttel, with both sides going from one mediation, litigation, or arbitrary case to the next.

The battle has had a significant impact on the telco's operations, leaving more than 3.2 million subscribers in the dark.

Nexttel received its concessional licence in December 2012 as the country's third mobile telephony operator, and it became a phenomenon after commencing commercial operations in 2014, prioritising isolated areas that were previously unconnected.

The company, which was the first to offer 3G internet connectivity, was rapidly expanding until the conflict erupted and escalated, causing it to halt operations. There was some hope in 2022 when the Vietnamese and Cameroonian partners claimed that they had buried the hatchet and were eager to reposition the company in the market, but that enthusiasm did not last long.