08 Sep Nigeria: NCC gives approval to Pan African Towers to operate collocation
The Nigerian Communication Commission (NCC) has given approval to Pan African Towers (PAT) to operate as a telecommunications collocation company in the country after a rigorous process and presentation to the regulatory body on PAt’S vision for Nigerian mobile operators, reports ThisDay.
PAT said it would have operations in over ten African countries, and commence operations in Nigeria immediately, following the approval from NCC. Plans are under way to launch in Cote d’Ivoire and Sierra Leone before the end of the year and Liberia, Gambia, Guinea and Senegal in 2018, the company said.
The company is reportedly already negotiating to acquire about 850 towers in Nigeria from some local companies hosting all the telecommunications operators there, and plans to construct 1,500 more sites in the next two years.
PAT’s business model is to charge lease rates in each country’s local currency on all new sites throughout Africa, which should be welcomed by several operators who are groaning under the existing rate structure. The management team members of PAT have among them over 100 years of combined experience in the telecommunication and tower industry.