BoFinet Cuts Internet Tariffs, Pricing by 40 Pct in Botswana

BoFinet Cuts Internet Tariffs, Pricing by 40 Pct in Botswana

Written by Portia Nkani | From The Botswana Gazette

Botswana Fibre networks (BoFinet) has slashed tariffs/pricing for internet by up to 40%  in a move welcomed by industry players.

BoFinet Chief Executive Officer Mabua Mabua yesterday (Monday) said they were committed to making internet tariffs in Botswana regionally competitive, “As BoFinet we have come up with strategies to make our wholesale internet tariffs very competitive.

When we launched BoFinet last year we entered the market with wholesale internet tariffs that were between 30-59 percent lower than average market rates then. Today the new tariffs are between 40- 70 percent below the ones that were launched last year,” Mabua said.

Mabua revealed that they are working to expand the 6000km long national fibre backbone by approximately another 1000km introducing fibre in routes like Sekoma-Tsabong, Sehithwa-Mohembo and Maun-Ngoma-Kasane. In the same year, he said “we will also be rolling out more fibre to businesses in Gaborone, Francistown, Kasane, and Maun and later to all major urban and sub-urban areas to enhance broadband connectivity.”

BoFinet Board Chairman Ratsela Mooketsi says the move will catalyse competition in the market bringing about better prices and services which will benefit the end consumer. “Internet speed is directly related to costs; therefore bringing the costs of connectivity down improves the internet speed,” he explained.”

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Mooketsi encouraged other wholesale providers to buy more bandwidth and provide more bundles to the customers for fast internet, hence value for money.

Read more at The Botswana Gazette