Home Tech News ALTON pushes for protection of Nigerian telecoms against market failure

ALTON pushes for protection of Nigerian telecoms against market failure

ALTON pushes for protection of Nigerian telecoms against market failure
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 The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has called for collaboration to protect the vibrant telecoms industry from “failure”, which will have dire implications for the overall economy.

The industry pressure group says comatose sectors like agriculture and textile industries have shown that the thriving telecoms industry in Nigeria is not immune from market failure. 

Gbenga Adebayo, Chairman, ALTON told industry stakeholders the Beacon of ICT Awards 2013 hosted by Nigerian Communications Week Newspaper last night in Lagos that the telecoms sector is not immune from failure that has affected other thriving sectors in the country like textile, agriculture, among others.

He called for collaboration among all stakeholders to protect the telecoms sector from failure saying this will have dire implications for the overall economy.

GSM base station
A telecoms base station

Nobody thought that these thriving sectors could go down and the local telecoms market is also not immune, the umbrella body of telecoms operators says of the challenges industry players face delivering their services across the country.

Adebayo spoke last night at the Beacons of ICT Awards hosted by the Nigerian Communications Week at the Eko Hotel and Suites which attracted a good turnout by a cross section of players in the Nigerian ICT sector.

Current trends in the Nigerian telecoms industry show that it requires physical, regulatory and policy protection to guard against failure, Adebayo said.

All stakeholders have a role to play in securing the telecoms sector, he adds noting the “our industry, as successful as it is today”, is not immune from failure as has been seen in the textile, agriculture and other thriving industries that have hit hard times in Nigeria.

ALTON is an industry pressure group formed 2000 as the industry body for telecoms companies and providers of subsidiary services to telecoms service providers in Nigeria. It promotes growth in the telecoms sector and efficient telecoms services delivery to Nigerians.

Also speaking at the event, Ernest Ndukwe, ex-EVC of NCC and Chairman, Open Media says that growth will continue in the sector underscoring that broadband business will drive new avenues for growth in the telecoms market.

Ndukwe, who is also co-Chairman of the Presidential Broadband Committee, says that the Report of the team is ready and will soon be submitted to President Goodluck Jonathan.

Speaking at the event, Ken Nwogbo, CEO and Editor-in-Chief of Communications Week Media, says that the Beacon of ICT Awards was instituted to motivate ICT industry stakeholders in effective utilisation of ICTs for citizens ‘services and “ensure that ICT professionals are provided a benchmark for recognising and validating outstanding contributions.” 

Today, the newspaper has grown from its humble beginnings in 2008 to become an authoritative ICT/business voice and also delivers an online newsletter reaching over 80,000 recipients that also appeal to top purchase and policy makers, the Communications Week CEO told the audience.

At the Awards, the Second National Operator, Globacom won the Telecoms Operators of The Year while Zenith Bank Plc won the E-Banking Services Provider of the Year.

Government Agency of The Year was went to The National Broadcasting Commission (NBC) and Man of The Year was Yomi Bolarinwa, the Director-General of NBC.

Banking Application of The Year was won by ICS Banks; ICT Entrepreneur of The Year went to Ethel Mbama, the CEO of Circuit Systems and Network Communications Limited (CSNC) while the company also won the IT Services Provider of The Year.

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Comment(1)

  1. CHIEF GBENGA ADEBAYO PLEASE PAY CNSSL JOS THEIR PENSION. 25% IS WHAT WE ARE ENTITLED TO. IBTC PENSIONS DOES NOT WANT TO PAY BECAUSE YOU HAVE NOT APPROVED IT. PLEASE SIR.

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