Mobitel on the way back?

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Anyone remember Mobitel Nigeria? Yes; the CDMA operator that ran into troubled waters after the late President/CEO and telecoms veteran, Mr. Alaba Joseph, died in controversial circumstances in his office in September 2005. At the time, the company was facing a takeover bid from Intercontinental Bank Limited.

Well, there’s good news – Mobitel seems set to bounce back!

According to a news report by Technology Times, a consortium led by Omni Ventures Limited, a Lagos-based ICT services company which has acquired the entire operations and undertakings of Mobitel Limited is moving to return the phone company to the telecoms market.

Omni Ventures has now sealed a network rollout pact with VocaTel of Israel to return to its market for fixed and wireless voice, data and value added services targeting niche markets of SMEs and high-end users.

At a time that things are generally on the downward trend, this is a blast of fresh air. We need more competition and more innovation. Perhaps Mobitel’s return can supply just a little extra bit of that.

Source: TechnologyTimes: Mobitel Seals Network Rollout Deal

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