Natcom Development and Investment Limited has announced that it has acquired the assets and liabilities of the defunct NITEL and MTEL and it plans to deploy 4 Generation network to show its relevance in the Nigerian telecommunications market. The company would now be known as Nigeria Telecommunications and would offer high speed data, high-definition voice and video to customers.
Kamar Abass, Managing Director of Ntel, said this in Lagos during a media luncheon organised by the company.
According to him, the company will be doing video over data and ensure Nigerians get high quality broadband, rather than cheap broadband.
He said: “Nigeria is in extreme ‘data hunger’, with just 92.7 million active Internet users as at June 2015, but the surprising issue is that only 27.6 million of the users access the Internet are on 3G/4G networks. It shows that more than 65 million go on the Internet on 2G, which means that we are losing the broadband race by using 2G network, since 4G is the heart of broadband.”
“Our story is that of pure 4G network, with high speed broadband and better technology. We see ourselves as offering Nigeria the key ingredient with the deployment of 4G,” he added.
Abass said the company would roll out services simultaneously in three cities – Lagos, Abuja and Port Harcourt – before the end of 2015. According to him, the 4G network to be built by NTel will be better than what is presently obtainable in the industry.
He further stated that the company would start deploying fixed service in the second half of 2016.
NTel’s ownership of SAT-3 would also help with superfast Internet from West to South Africa and Europe, all the way to Asia.
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