Most of the Code Division Multiple Access telecommunications companies in Nigeria are
financed by local financiers' and this has not really helped the growth
and progress of most of them.
These financiers' many a time run to the Bank for loan assistance but
are usually turned down by the Banks. They end up using the little they
have got to run the business. In no time, a sharp decline is noticed in
the quality of services rendered by these companies. One thing leads to
the other and before you know it, these companies are already at verge
folding up.
This had been the plight of CDMA operators like Nitel, MTel, Starcomms,
Reliance Telecoms(Zoom Mobile), Intercellular, MTS First Communications,
Disc Communications, Webcom, Xs Broadband, Rainbownet WiTel, O'
Net(Odua Telecoms), Monarch Communications and the most recent of them, Visafone communications limited which shocked everyone. We actually thought they were doing well until the news went viral that South Africa's telecommunications giant had acquired them.
Even the Nigeria Communications Commission (NCC) had decided to declare
the operations of these companies as inactive so that it could
investigate accurate telecom figures in the country.
It is my joy and pleasure sharing my knowledge, thoughts and experiences with others. Become a
WIZIAN today! Please scroll down to the bottom of this blog and
subscribe to the newsletter and get updates through emails. Not
forgetting to leave a comment below after reading this post.
No comments:
Post a Comment