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
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
First Quantum to sell surplus sulfuric acid amid tightening supply Zambia disruptions, Middle East shortages cut sulfur supply...
Cabinda and Soyo terminals granted to SOGESTER for 20 years Move aims to cut transport costs and increase cargo and passenger traffic Strategy targets...
Revenue climbs 29% in Q1 2026 despite lower production Gold output drops across key mines, except Lafigué Higher gold prices offset volume...
Q1 copper production reaches 199,600 tons, up 19% year-on-year DR Congo output jumps 68%, led by Kamoto and Mutanda Group maintains 2026 outlook...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....