Internet costs to go down-BOFiNet

This week, the new state-owned entity revealed that it has signed two new 10-year long contracts with backhaul suppliers, or networks that communicate with the global internet. This will be paid for at wholesale commercial access rates. BOFINET is the wholesale provider of telecommunications distributing to industry retailers and does not sell directly to end-users.

In separation of assets between BOFINET and Botswana Telecommunications Corporation (BTC), backhaul suppliers remained with BOFINET. Now with BOFINET settling from and managing the transition from BTC, most contracts of backhaul suppliers are under negotiations, with some having been finalised.