The owner of Nigeria’s foremost telecommunications provider, Nigerian Telecommunications Limited, Natcom, has said that it will roll out its lines beginning from March this year in Abuja, Lagos and Port Harcourt.
Natcom became the preferred bidder for NITEL and its mobile telecommunications arm, Mtel, in 2014 after the National Council on Privatisation approved the sale in the value of $252.251m.
The Chairman of Natcom Development and Investment Limited, Mr. Olatunde Ayeni, in a presentation to the House of Representatives in Abuja, said that as much as 4,000 jobs would be created in the roll-out plan.
The House had last year, queried the sale of NITEL/Mtel in the latest deal, which came after many previous failed attempts to sell the struggling company. Read more