Finnfund Backs Nepals Fiber Expansion with 10M Investment in WorldLink

Finnfund Backs Nepalâs Fiber Expansion with â¬10M Investment in WorldLink

📅 December 2, 2024 - Finnfund, a Finnish development financier, has announced a 10 million equity investment in WorldLink Communications, one of Nepals leading information and communications technology (ICT) companies and one of the countrys largest Internet Service Providers (ISPs). The funding will support WorldLinks ambitious projects to construct the countrys first Tier 3 data center and expand its fiber optic network, accelerating Nepals digital transformation.

Nepal continues to grapple with a significant digital divide, with nearly half of its population lacking broadband Internet access. The disparity is especially acute between urban centers and rural areas, where connectivity remains limited or [...][... Check source for end of article ...]

Tags: Telecom

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Company: World Link

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