Total to cofinance Gabon's connection to submarine fiber-optic cable
29 November 2010
The Gabonese subsidiary of the Total group has signed an agreement with the State of Gabon in order to share in the financing of the project to connect to a submarine fiber-optic cable, the PANA press agency was informed last Thursday.
One third will be financed by the State of Gabon and the rest by a fund created between the Gabonese government and Total Gabon. It is not yet known how much exactly will be contributed by Total.
Gabon will thus be connected to a submarine fiber-optic cable running from Europe to South Africa, enabling the people of Gabon to access high-speed Internet with the latest technology.
The telecommunications group Barthi Airtel, which is currently launching the brand Airtel Gabon, announced on 23 November 2010 its intention to extend its high-speed Internet network to the whole territory of Gabon.
The chief executive of Airtel Gabon, Louis Lubala, added that the group reckons to invest 100 million US dollars over three years for this purpose, reports the site InfoGabon.