‘New NITEL’, NTEL hinges market rebound on SAT 3, 4G rollout, MD says
Mr. Kamar Abass, Managing Director of NATCOM, the Nigerian consortium that acquired the Nigerian Telecommunications Limited (NITEL) says it is relaunching SAT-3, the undersea of the nation’s pioneer operator to tap broadband stakes in the country.
The SAT-3 rebound to be driven by NTEL, the new company formed from the NITEL acquisition, is part of a multi-pronged strategy by the Nigerian consortium to drive the new company as a key player in the telecoms industry.
With SAT-3, Abass says that the new NTEL will not only increase Internet bandwidth and penetration, but also boost transmission of broadband capacities from the shores of Nigeria into the hinterlands, where the company says it has spotted high demand.
The SAT-3 undersea fibre optic cable system built by a consortium of national telecoms operators across Africa and beyond was formerly owned by NITEL prior to its acquisition by NATCOM.
[blockquote right=”pull-right” cite=”Mr. Kamar Abass, NTEL”]“There is no need to be contended with 3G any longer. We have the ability to give you fast Internet access not waiting till 2020, but as early as later this year. We are bringing in 4G and it will be the best broadband service available anywhere around the world.”[/blockquote]