OUR material on this page last week titled: “Between NCC and NMC, good news in small packets”, has elicited a little dig from a very close friend who observed we almost created the impression that the telecoms industry is witnessing an El dorado.
This writer couldn’t be talking of any El dorado in the industry because of the number of things popping up in the observatory. Sometimes, one is at the edge of frustration to still be talking about them at this point in time. Too trite and mundane after two decades of ceaseless industry operation. In the life of the previous administration, the telecommunications industry had little to celebrate because of the unfortunate mix up of regulatory activities and policy making by both the NCC and the Ministry. It was a dangerous act strange to the Nigerian Communications Act 2003 that took the industry below our basest expectations.
Nobody is talking of progress now because it cannot happen. The fortunes of the industry are not looking good at all. We gathered that things are so troubling that some operators have had to cut their Capital Expenditure, CAPEX, by as much as 30 per cent. This means there won’t be any expansion or growth or even new employment. What is imperative at the moment is for the regulator to stabilise the industry.
The second example is also not inspiring at all. The fate of two operators, 9MOBILE and Ntel, is so fluid that nobody can determine their status or whether they have any value addition to the ecosystem. The first is losing subscribers in droves and is nearly at the level of inconsequence, while Ntel is fighting for reincarnation. Their inability to contribute their expected quota to the market is enough to impact the industry negatively.
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