Broadbased Says Firms Yawn for Fiber Network Services

Presently, the aggregate spending on Fiber Optic Services by major corporate firms stand at 5%, however, the future favours increased spending.

Prince Henry Ise-Okojie, executive vice chairman, Broadbased Communications Ltd, in a presentation to top executives of banks, financial institutions, telecom operators and ISPs,  during the Company’s launching of Horizontal Directional Drilling (HDD) Equipment in Lagos, revealed that multinationals total telecom budget is projected to increase significantly above 90% in the near future.

Prince Okojie added that world wide statistics support that the Open Access Non Compete Model is the only viable business model that can survive over time.

“This has been validated by the World Bank (IFC) and other Strategic Investors who have experience in this sector in other countries around the world.

Broadbased Communications Limited, recently demonstrated its capacity to deliver excellent services to other Telecom Operators and Internet Service Providers (ISP) through its Open Access Metro Fiber Network well spread across Lagos.

He said that Companies in the capacity of Broadbased provide  high capacity data network, voice network as well as security network for other telecom operators, internet service providers, banks, the Nigerian Stock Exchange, e-payment switching and processing companies and other major corporate clients, adding that trend has been on the increase.

He said, “I want to specifically tell you that the fiber optic network service is the way to go. We in Broadbased Communications are known as the Fiber Optic Transportation highway for other Telecom Service Providers to connect their Wireless Base Stations, provide high capacity Fiber Optic links to their Corporate Customers and provide Fiber to the Home Services.

“Broadbased Communications has Points of Presence (POPs) in all the major business districts in Lagos and before the end of the year there will be over 30 POPs in Lagos to provide services to these Telecom Operators.

“Each POP is connected by redundant Cable paths and equipped with Network equipment that automatically reroutes traffic is there is a Cable cut on a particular link, ensuring excellent quality of services to our esteemed Customers

“Broadbased Communications has invested heavily in Horizontal Directional Drilling (HDD) equipment, which enables us to lay our Cables underground mechanically without manually digging up the Streets”.

There was a demonstration of how the HDD equipment works which enables Broadbased Communications to lay Fiber Optic Cables below Roads, Canals, Rivers etc in some cases 22 ft below Canals and 90ft River Crossings.

“We have also invested in scanning devices to electronically scan for cables and pipes buried underground on the Streets before we start drilling and laying our Fiber Optic Cables. We have made that level of investment because we want to make sure we secure our cables.”

Broadbased Communications Ltd, a wholly-owned Nigerian company has a record of many firsts in the Nigeria Fiber Telecom landscape.

These include being the first End to End full Fiber Optic Network in Lagos; first to deliver GPON Technology in Lagos; first to deliver Gigabit Ethernet to FTTX; first to deploy an All Packet Transmission Network (PTN); first to deploy a No –Dig Solution; and the first company to deploy an OPEN ACCESS Fiber Optic Network and lease Fiber Network links to all the Major Internet Service Providers, WIMAX Operators, Submarine Cable Operators, Global Telecom Operators and Mobile Operators in Nigeria.