Statement:
In Armenia, fixed Internet is on average less expensive than in Equatorial Guinea

In the Most expensive fixed (broadband) internet rating Armenia holds position #178 2022 out of 197 and Equatorial Guinea is #15 out of 197 2022.
Position of Armenia is better than position of Equatorial Guinea.

Referencies:

  1. Most expensive fixed (broadband) internet 2022 by cable.co.uk
    The countries in the rating sorted by 'Average cost per month (USD)' in descending order.
    Armenia 'Average cost per month (USD)' value is 13.16
    Equatorial Guinea 'Average cost per month (USD)' value is 121.17