Friday, September 25, 2009

Dangote Denies Plans of Selling Off It's 3G Licence

The management of the Dangote Group, one of Nigeria's largest conglomerates, has denied plans that it is looking to sell the 3G licence it owns via its telecoms subsidiary Alheri Engineering, reports local news source NEXT.
 
Earlier, an unnamed source told NEXT that the company could not afford to keep hold of the licence, which was awarded by the Nigerian Communications Commission (NCC) in April 2007 for USD150 million.
 
According to TeleGeography's GlobalComms database, the NCC said it was launching a probe into Alheri Engineering's lack of 3G rollout plan in August 2008. Shortly afterwards Alheri said it planned to launch next generation services in December 2008. However, of the mobile market's four 3G licencees, Alheri still remains the only operator that has not rolled out the relevant services.

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