BoFiNeT awards P200m contracts

Speaking at the ceremony, BoFiNeT CEO, Mabua Mabua said the contracts were estimated to cost P200 million.  “They all extend our fibre backbone by an approximated further 1,000km added to the existing fibre.  They are all government funded with BoFiNeT as an implementing agency,” he said.

Mabua further said the projects were consistent with the citizen empowerment initiatives and intentions. He noted that each one of the five contracts had citizen participation either through shareholding or a joint venture that could easily exceed 50 percent of the total contract values.