Angola’s Savings and Credits Bank (BPC) is set to provide USD70 million towards the rollout of a new submarine fibre-optic cable network which will connect the country’s coastal provinces, according to a statement by incumbent fixed line operator Angola Telecom. The provinces are Cabinda, Zaire, Luanda, Cuanza Sur, Benguela and Namibe. Angola’s Council of Ministers has approved the project, which aims to improve telephone and TV services in the six provinces. Angola Telecom will operate the new system, while Ericsson South Africa will construct the network, which is to be known as Adonis. There has been some criticism of the project as a whole, as some observers identify investment in mobile technology as the better way forward for the country. Mobile services are undergoing a boom at present, while Angola Telecom has reported an 11% slump in its fixed line telephony business so far this year.