Telecom industry needs special banks to fund infrastructure – Nnamani

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Ikechukwu Nnamani is the Chief Executive Officer of Medallion Communications and the new President of the Association of Telecommunication Companies of Nigeria. He speaks on how telecoms operators ...

Ikechukwu Nnamani is the Chief Executive Officer of Medallion Communications and the new President of the Association of Telecommunication Companies of Nigeria. He speaks on how telecoms operators can thrive, manage their resources and contribute to the digital economy goal of the Federal Government in this interview with IFE OGUNFUWAof the identified problems affecting the growth of the telecoms sector have yet to be resolved.

Unfortunately, challenges still exist with power supply and foreign exchange, but we will continue to work on those. Some of these challenges can be addressed with more advocacy and interaction with the relevant government agencies; others, we may readjust some areas of our operations to overcome them.

What is your take on the Critical National Infrastructure bill that has been waiting to be passed into law for many years now? The NCC under the USPF has some provisions to finance the establishment of telecommunications services in rural and underserved areas. What kind of synergy should exist between Over The Top platforms like Google, Facebook, Twitter and WhatsApp and telecom operators in Nigeria in order to grow the industry?

This way, ATCON can help to create the environment for proper interaction amongst all the entities and ensure subscribers get the best benefit from these services.It depends on what is meant by taxing the service and what that represents. Remember at the end, it is the subscribers that pay for all this. If the service is already taxed when subscribers pay for data to access the service, then adding a second layer of taxes would not be ideal.

 

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which special bank. all the capital flight from MTN, Econet and co since inception is enough to be reinvested into the sector for efficient service delivery.

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