Equatorial Guinea signs high-speed broadband agreement with GridlineXstreme

05.05.2015

Logo via mygridline.com
Logo via mygridline.com

The Government of Equatorial Guinea has signed a joint venture agreement with Gridline subsidiary GridlineXstreme (GXI) to implement a high-speed broadband network in the country. After many years of studying the country’s needs, the two parties have finalised a programme which will significantly improve Equatorial Guinea’s telecommunications infrastructure, moving development forward within the framework of the Horizon 2020 Development Plan.

The joint venture, Gridline Africa, will be equally owned by both parties. Through this initiative, Gridline and the Government will help to better connect all Equatoguineans, thus driving further economic growth and diversification.

Read more here: http://www.prnewswire.com/news-releases/gridlinexstreme-enters-into-joint-venture-agreement-with-the-republic-of-equatorial-guinea-to-build-and-operate-high-speed-broadband-communications-network-300076976.html

Share :