Eugene Juwah, NCC executive vice chairman. Source: http://nationalmirroronline.net
According to Juwah, Capcom’s official operational service rollout plan suggests the company will thrive in the highly competitive telecoms market in Nigeria in an interview with This Day Live.
He said: “Capcom is likely going to do well, based on its formation, structure, and financial strength, and I am confident with what I have seen, that it will boost competition between CDMA and GSM operations, by the time it rolls out its commercial operations.”
In 2012, Capcom acquired MTS First Wireless, Multi-Links and Starcomms. Following the acquisition of the CDMA operating companies, they were merged to form Capcom.
With the approval for the merger deal granted by the respective stakeholders including shareholders, all hands are now on deck as the telecoms sector in Nigeria awaits the official rollout in the third quarter of 2013 as tentatively projected by Demola Elesho, chief executive designate of the CDMA company.
Elesho recently said while the company has got the approval of shareholders and boards of the merged companies, it is still waiting on the Security and Exchange Commission (SEC) before it can roll out its services.
The NCC boss has however expressed his confidence in the ability of the CDMA company to revamp the current dismal status of competition between CDMA and GSM companies operating in Africa’s largest nation.