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
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
JA Africa launches $1.5M digital safety program in four African countries Initiative to ...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
Kenya begins $678.5M upgrade of key A8 highway corridor Project to ease trade-route congestion, boost regional connectivity Part of plan to...
The EU’s new deforestation rules have created major hurdles for agricultural exporters since 2022. Nigeria plans to use the extended deadline to bring its...
IFC to provide $21.2M financing to Senegal’s Carrefour Médical Funds to expand local production, including dialysis kit components New...
Nigeria’s defense minister resigned for health reasons, presidency says Over 400 people abducted since Nov. 17 amid worsening...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...