Interchange Ltd

Interchange Limited (ICL) General Manager (GM), Willie Karie, confirmed that an MOU signing will take place between Prime Minister Bob Loughman, New Caledonia President Louis Mapou, ICL and the Office des Postes et Télécommunications de Nouvelle-Calédonie (OPT-NC).

Vanuatu Daily Post reports Karie said Vanuatu only has one submarine cable connected from Fiji.

This new initiative will be a backup to address Internet downfalls in the future.

Karie added that each government has given the green light and it is now a matter of putting pen to paper.

The Minister of Finance and Economic Management Johnny Koanapo and the Minister of Infrastructure and Public Utilities Jay Ngwele accepted the dividend payment on behalf of shareholders.

“Once again, Interchange proves itself an outstanding success as a local company and Government investment, and a world-class player when it comes to bringing nation-building technology to our island nation,” said Koanapo.