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
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market is large but internet access remains...
MTN and regulator ZICTA launch solar-assisted telecom towers to extend mobile broadband to rural communities. Zambia targets nationwide broadband...
The Democratic Republic of Congo and Gabon signed a memorandum of understanding on Feb. 19 to develop mobile roaming between their territories. The...
AfDB and UNDP aim to mobilize up to $10 billion for AI development by 2035. Funds will target data infrastructure, computing capacity,...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...

Algeria–Morocco: Will the Gas Pipeline Duel Take Place? (Editorial)
03

West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...

BOAD Launches 2026–2030 Strategy With Boston Consulting Group Support
04

Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...

Africa’s Comeback on International Market: Kenya Adds-up to The 2026 Wave of Sovereign Issuances
05

Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...

Guinea's Largest Gold Mine Records 6% Output Rise in 2025
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.