Friday, October 6, 2017

$100 million to Ogero for fiber optic project. Part of $300 million total budget


The Council of Ministers has approved an advance of LL150 billion ($100 million) from the Treasury to Ogero.

The funding will be used to finance part of the fiber optic project, whose overall cost totals $300 million.

Minister of Telecommunications Jamal Jarrah said last month that the ministry plans to start the fiber optic project in the next few weeks. The project aims to boost Internet speed to at least 50 megabits across the country, he said.

Early in September, the M...

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