Telecom

Equatorial Guinea: Telecom operators to reduce tariffs by half by May 1st

Equatorial Guinea: Telecom operators to reduce tariffs by half  by May 1st
Monday, 25 April 2022 19:24

Weeks ago, Equatorial Guinea launched negotiations with telecom operators to reduce the costs of services they provide. The agreement signed on April 20 marks the successful conclusion of those negotiations. It also announces further reductions. 

Next May 1, telecom operators active in Equatorial Guinea will reduce their tariffs by 50 percent. The decision is the result of a preliminary agreement signed,  Wednesday (April 20) by the government, the telecom regulator ORTEL, telecom infrastructure manager GITGE and the said operators. 

According to Teodoro Nguema Obiang Mangue, vice president of Equatorial Guinea, the 50% rate is temporary but, it will be applied till the conclusion of the ongoing study on telecom costs in the country. After the study, new rules and tariff guidelines will be issued and telecom operators who fail to comply will simply lose their licenses, the vice-president warns. 

The decision was issued by the government to ensure the well-being of residents in accordance with article 29 of the constitution. It will reduce communication costs. At the same time, the government expects the quality of the services offered by operators will not deteriorate. 

Isaac K. Kassouwi

On the same topic
Senegal hosts regional satellite regulation training session Over 20 countries discuss rural connectivity, frameworks Africa faces 6% rural internet...
Ethiopia launches AI UniPod innovation center in Addis Ababa Hub supports AI research, startups, domestic tech development Initiative aligns with...
Tunisia to fully digitize public services by 2030 Plan includes 192 projects, expanded e-payments, interoperability Reform aims to boost transparency,...
NCA lowers dropped-call limit to under 1% and raises call success targets 3G download speed must exceed 1 Mbps; SMS delivery rate set at...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...

Safaricom launches M-Pesa platform for stock trading in Kenya
03

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
04

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
05

Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around ...

After Côte d’Ivoire, Ghana Faces Cocoa Stock Build-Up as Prices Collapse
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.