Orange Group eyes Nigeria telecoms sector

Orange Group eyes Nigeria telecoms sector

Orange Group, has announced it will play a major role in Africa’s biggest service space, Nigeria, with investments in diversified areas including mobile, data, fixed and financial technology support services.

This was said during a business meeting by the Telco’s Victoria Adefala, who led a delegation of Orange Middle East and Africa members to meet with the Nigerian Communications Commission in Abuja, Nigeria.

Adefala stated that the group is fully determined to do all it takes to get a slice of the Nigerian market. This comes after the company’s closer analysis of the huge potentials of the Nigerian telecom market.

“We are here to ensure steady investment for a long term. We also want to support the vision of the Commission in driving broadband penetration for a robust digital economy and leverage on local content development initiatives,” she said.

Adefala said Nigeria is missing in Orange Group’s portfolio of combined network of over 140 million subscribers across 18 countries of its operations.

“The large market potentials buoyed by the huge population, impressive Gross Domestic product (GDP) figure, proximity to our operations in the neighbouring African countries, as well as the appreciable friendly operating environment are great motivators for our expansion plan into the Nigerian telecom market,” she further explained.

Prof. Umar Danbatta, Executive Vice Chairman of NCC, welcomed the Group’s quest to invest in Nigeria, reassured the delegation of a robust policy and regulatory environment that provides quality enabling environment and has the full support of the Federal Government.

“We welcome more investments into the Nigerian telecom sector. We have enabling laws and regulations that help us to engender a highly competitive telecom market that benefits both the service providers and the consumers. The NCC is here to ensure we support our licensees to thrive while also ensuring that they comply with Quality of Service (QoS) Key Performance Indicators (KPIs) set by the Commission because Nigerians will patronise an operator that provides them with affordable services at highest quality,” said Danbatta.

“The successful auction of the 5G spectrum is a clear indication of investor confidence in the country, and that investment opportunities are available in voice, data, upstream and downstream of the sectors with certainty on investment returns,” concluded Danbatta.