ntel’s board has announced Ernest Akinola as its new CEO. The telecoms company, Nigeria’s first 4G/LTE-Advanced network, made the announcement in a press statement on October 1.
The statement explained that Akinola, who has over 20 years experience as a senior executive in Telecoms Media and Technology, was instrumental in establishing a world class internal audit and compliance department at One 2 One telecoms operator in the UK, which he joined as a fledgling.
Read the full statement below:
ntel announces Ernest Akinlola as new CEO
The board of ntel, Nigeria’s first 4G/LTE-Advanced network, is pleased to announce the appointment of Ernest Akinlola, as its substantive Managing Director/Chief Executive Officer.
Ernest is a senior executive with 20+ years extensive experience in Telecoms Media & Technology. He joined the fledgling One 2 One telecoms operator in the UK and was instrumental in establishing a world-class internal audit and compliance department.
As Head of Department he led the assessment and subsequent launch of Virgin Mobile UK on the One 2 One network which proved to be the pioneering MVNO (Mobile Virtual Network Operator) at the time. Following One 2 One’s acquisition by T-Mobile, Ernest was a key member on the integration team, leading on commercial strategy and growing the wholesale side of the business to launch several MVNO’s focused on specific customer segments. He was an integral member of the team charged with executing Virgin Mobile’s $1.5billion IPO. Many senior roles followed including leading the transformational roll out of T-Mobile’s store retail programme.
Having led teams in Marketing, Sales, Finance, Strategic Planning, Business Development and Operations in blue chip telecoms companies, Ernest was headhunted as COO by Lycamobile (the world’s largest international MVNO) to lead its European strategy, successfully expanding into 10 countries within two years. Following this notable success in Europe, Ernest focused on Nigeria’s telecoms sector and was approached to lead a major marketing drive for Etisalat (9mobile), the 4th entrant in a highly competitive telecoms market. As Marketing Director, he spearheaded a range of initiatives that took Etisalat from the 4th ranked operator to the 2nd, in terms of ARPU and active customer base.
Immediately prior to joining ntel, Ernest was a strategic consultant to several blue chip organisations including Blackberry Nigeria, the World Bank, and most recently provided strategic oversight to Swazi Mobile in formulating a commercial strategic plan for the successful application of a 4G VoLTE, 3g ,2g licence in Swaziland, South Africa. This has underpinned the impressive growth of Swazi Mobile in less than three months of operations.
Ernest is a Fellow of The Chartered Certified Accountants, holds an MBA from Manchester Business School with a first degree in Economics from UEL.
Commenting on his new appointment, Ernest Akinlola said: “I am excited to be appointed MD/CEO of ntel, Nigeria’s pre-eminent 4G/LTE network. ntel has tremendous untapped capabilities, which can provide a step change in customer experience for Large Enterprise, SME’s and Consumers. I look forward to leading the team in driving innovation and delighting our current and future customers”
ntel had previously assured its stakeholders that the leadership transition from the previous incumbent would be smooth and orderly in accordance with global best practices. We are pleased to report that there has been no adverse impact on the business operations and the company would like to thank Abhulime Ehiagwina (CFO) for holding the fort during the transition period.
ntel is Nigeria’s first advanced 4G/LTE network providing superfast Internet access that enables voice, data video and TV on demand. The ntel network is built on the 900/1800 Mhz which are the best propagation frequencies for the deployment of 4G/LTE technology.
It’s bouquet of offerings includes: National Bandwidth, International Voice Termination, International Bandwidth, Mobile Network and Fixed Network and a part ownership of SAT-3 cable system, Africa’s longest submarine cable, covering a distance of 28,800km, with a total capacity of about 1,000 Gbps.
The company made its first on-net test data call in Lagos on Monday, January 18, 2016 then followed up with its first on-net Voice over LTE call in Lagos on Tuesday, February 23, 2016.
Full commercial operations began on Friday 08 04 2016 in Lagos and Abuja with Port Harcourt coming on stream in December 2016.
For further enquiries please contact:
Osondu C. Nwokoro
Director, External Affairs
0804 444 1411
Toni Kan Onwordi
Head, Corporate Communications
0804 444 1971