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Home Industries Company News

NATCOM To Rehabilitate NITEL With $1.2bn

Editor by Editor
October 26, 2015
in Company News
NATCOM To Rehabilitate NITEL With $1.2bn
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NATCOM, the new owners of the National Telecommunications carrier, NITEL, has disclosed  plans to revamp it with over $1.2billion.

The sum, according to the company, would be spread across different operations like fixed, mobile networks, Sat3 and other services.

According to Osondu Nwokoro,  the face lift, which will begin with the launch of its services soonest, was to reassure Nigerians that it was prepared to make a complete difference from the several buyers who had bought NITEL but faced difficulties of even taking off.

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