Starcomms Plc on Monday, 03-Dec-2012, confirmed plans to light up fourth generation (4G) Long Term Evolution (LTE) by mid-2013 under plans by the CDMA operator to reinvent itself as a major player in the Nigerian telecoms sector.
The 4G LTE network standard for wireless communication delivers high-speed data for mobile phones and data terminals and has come within scope of Starcomms’ growth plans as it awaits shareholder approval of the 90.5 per cent equity acquisition by Capcom Limited. Ademola Eleso, CEO Designate for the Starcomms post-Capcom transaction completion dropped the hint in Lagos today while unveiling plans for the consolidation underway to merge three CDMA networks: Starcomms, Multi-Links and MTS.
According to him, “this can only be good news for Starcomms’ loyal customers, partners, staff and shareholders and I and our whole team look forward to the challenge of building Nigeria’s new Broadband internet champion.” Under the new arrangement, he says that the integration of Multi-Links, MTS and Starcomms is expected to take between six and nine months while adding that concerning the process, a significant amount of technical work has already been done to ensure that there will be no disruption to customer.
He says that Capcom is committed to rolling out 4G services as soon as practicable as they form a key part of the overall turnaround strategy expected to go live during the initial integration phase. “Starcomms will start the roll-out process in the big cities across Nigeria, but anticipates being able to make the services more widely available in the coming years”, Eleso adds. According to him, the new Starcomms will provide a strong and stable platform for the future with the newly-invested capital allowing the company to service current debt obligations and so remain a going concern whilst enabling it to invest for future growth.
I can't wait folks...what about you?
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