FG Sets Up Two New Satellite Companies Under NIGCOMSAT

The federal authorities of Nigeria via Isa Pantami, Minister of Communications and Digital Financial system on Tuesday unveiled two new corporations created from the Nigerian Communications Satellite tv for pc {NIGCOMSAT).

The 2 new corporations created from the Nigerian Communications Satellite tv for pc are, Satellite tv for pc Infrastructure Firm ( SIC) and the Satellite tv for pc Broadband and Broadcasting Firm (SBBC).

The brand new corporations have been unveiled to stakeholders and channel companions on the simply concluded NIGCOMSAT Stakeholders’ Discussion board, with the theme: ‘‘NIGCOMSAT Ltd: The Current and The Future.’’

That is contained in an announcement signed by the Basic Supervisor, Company Affairs and Particular Undertaking, Adamu Idris, in Abuja on Tuesday.

Mr Pantami mentioned the SIC would supply satellite tv for pc upstream providers such: as Transponder Leasing, In-orbit-Testing (IOT) providers and Service Spectrum Administration (CSM) providers.

He added that the SBBC sought to supply satellite tv for pc downstream providers such; as broadband web providers and broadcasting providers, amongst others.

The managing director of NIGCOMSAT, Abimbola Alale, mentioned it was repositioning itself for potential alternatives and dangers, therefore,” the creation of operational constructions, to facilitate its enterprise aspirations.

FG Units Up Two New Satellite tv for pc Firms Below NIGCOMSAT
“As we try to attain our imaginative and prescient to be the main satellite tv for pc communication options supplier in Nigeria and Africa, NIGCOMSAT in 2020, obtained approval to kind two subsidiary corporations (SUBCOs).”

Mr Alale mentioned the stakeholders’ discussion board would afford NIGCOMSAT a chance to take inventory of its achievements within the previous years.

She mentioned: “it was additionally the proper avenue for channel companions and stakeholders within the telecoms trade to evaluate NIGCOMSAT’s efficiency and operations.

“NIGCOMSAT is a key participant within the Nigeria Nationwide Broadband Plan (NNBP 2020-2025), as revealed by the Federal Ministry of communications and digital financial system and launched by President Muhammadu Buhari.

”The discussion board, thus, highlighted the contributions of NIGCOMSAT Ltd. as a nationwide digital financial system service infrastructure, offering satellite tv for pc communication options to an array of consumers.”

Talking on the contributions of NIGCOMSAT Ltd. prior to now years, Chairman, Affiliation of Licensed Telecom Operators of Nigeria, ALTON, Gbenga Adebayo extolled the operations of the corporate.

He urged its debtors to attempt to pay up throughout the stipulated time for all of the providers rendered.

“Satellite tv for pc operations are key to telecommunications progress within the nation, so NIGCOMSAT Ltd. ought to be guided to succeed by all stakeholders,” he mentioned.