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
Talks explored collaboration with VITIB on startups, research, and smart services Visit follows Côte d'Ivoire's $146M 2026 digital...
Benin proposes $48M 2026 digital budget, down 6.3% from 2025 Funds target AI integration, broadband expansion, and media...
Mauritania launches free digital portal for Official Gazette with 30,000+ texts Platform offers bilingual access, advanced search, and...
JA Africa launches $1.5M digital safety program in four African countries Initiative to train 250,000 children, 6,000 teachers, 8,000...
Most Read
01

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
02

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
03

Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...

Mauritania Advances Blockchain Policy to Modernize Digital Public Services
04

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
05

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
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.