Chairman of the Natcom Development & Investment Limited,
Olatunde Ayeni has said that new telecommunication lines would debut in
three major cities in Nigeria, as the company concludes plan to venture
into the market by March this year.
The Natcom boss said the three pilot cities are Abuja, Lagos and
Port Harcourt, which the telecom giants would be launched, after its
acquisition of the defunct Nigeria Telecommunication (NITEL) and Mobile
Telecommunication (MTEL) through privatization process.
This was disclosed during a meeting with the House of
Representatives joint committees on communication as well as that of
commercialization and privatization in the Abuja.
Ayeni told the committees that the sum of $1 billion has so far
been injected into the revival of NITEL and its sister company, Mtel
acquired by NATCOM under guided liquidation.
No comments:
Post a Comment