Finnfund's 10 million euro equity investment boosts the expansion of fiber network in Nepal
Finnfund invests in WorldLink Communications Ltd , the largest internet service provider in Nepal and a pioneering ICT company in the country. Finnfund’s investment will be used to expand the existing fiber network and to build WorldLink’s first Tier 3 data center. Nearly half of the population in Nepal still lacks broadband internet access and there is a notable disparity between urban and rural areas. The world class data center will improve Nepal’s connectivity and boost economic growth. “Finnfund’s investments in digital infrastructure seek to provide