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eStream Drums Support for NCC’s Cost Based Pricing for Retail Broadband, Data

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The recent events organised by the Nigerian Communications Commission (NCC) on cost study testify to the determination by the Commission to stabilize the industry, says the Managing Director and the Chief Executive Officer, eStream Networks Ltd., Mr. Muyiwa Ogungboye.

Mr. Ogungboye applauded the Commission recent moves geared towards ensuring healthy industry is maintained through cost based pricing for retail broadband and data services in the country.

Ogungboye in a statement said, “I want to specifically drum support for the move that the Nigerian Communications Commission (NCC) is making to deliberately reposition the Nigerian telecom industry ecosystem.”

“The recent event on cost study for the organised by NCC showed and can testify to the determination by the Commission to stabilize the industry”.

According to him, it takes a visionary leader to embark on such sensitive and nationalistic project for the betterment of the industry.

He said, “We are optimistic that the consultant would do an excellent job and the entire industry is waiting for the outcome of this important exercise.”

Ogungboye noted that ATCON has on many occasion organised events to see how all existing companies that are operating in the industry can continue to exist and as well as make industry more attractive to the investor with the plan to get true cost of producing broadband, “I am sure that it would lead to more players and investors coming into the industry and this would definitely grow the industry.

He emphasized the need for the government at all levels to encourage investment into the sector by reducing the cost of right of way, discontinued multiple taxation and have one shop for all their taxes and make foreign exchange available for the industry.