Bouygues favourite for Gabon fibre contract

Mergers, Acquisitions and Financial Results

Axione, part of France’s Bouygues Group, is the favourite to win an international tender for the management of a fibre-optic network in Gabon, the results of which will be announced next month, Jeune Afrique writes. The Gabonese government is expected to award a 15-year contract for managing the national fibre transmission network connecting capital Libreville and regional centres in June, under a construction budget of around EUR100 million (USD137 million) to be partly funded by the World Bank. Axione, a sister company of Bouygues Telecom, is up against competition in the tender from KT Networks of South Korea, Spanish firm Fenosa and Ukrainian broadband network operator Datagroup, while African fibre connectivity provider Liquid Telecom withdrew its bid on 7 May.