Visafone Targets Dominant Roles in Mobile Money, Broadband Internet

Visafone Communications Limited is set to play a more dominant role in the Central Bank Nigeria’s (CBN) newly introduced mobile money initiative as well as in the mobile broadband where it has comparative advantage, Mr. Jim Ovia, Chairman of Visafone, said recently. Ovia who spoke through Sailesh Iyer, managing director, at the company’s Dealers’ Meet recently also informed them that “Visafone has been declared first having been adjudged Excellent in its 2011 Report released December 19, 2011 by the Nigeria Communications Commission (NCC) in the defined Parameters of Service namely: Call Set up Success Rate (CSSR) Traffic Channel Congestion (TCHCon) Call Completion Rate (CCR).” He assured them that “We will continue to partner and engage with you very closely towards delivering a superlative mobile broadband experience to our customers and ensure we garner a significant market share of that pie leading to high returns for all of you.” Ovia stated that the company’s strategic plan would guarantee that “exciting times are ahead of us with Mobile Money, Cashless Nigeria and Convergence slated to encompass our lives. Visafone and our perfect partner Family are getting ready to take leadership positions in all of these. We at Visafone shall aspire to pioneer innovative solutions in the market place with pocket friendly solutions and offerings. We are also set to introduce new and exciting devices through our network, including tablets and affordable smart phones.” Outlining a detailed 3-year roadmap for the company leading up to 2015, Ovia said “we are all set to embark on a new journey focused on the new paradigm of market dynamics by expanding our voice and data network on which we are investing billions of Naira. I believe the aggressive Internet Penetration will lead to the economic growth of Nigeria and is the future and we will drive this by investing on the infrastructure ahead of time to reap the benefits.” According to him, “It is estimated that by 2015, Nigerian would be using wireless broadband services worth N600 billion besides having 70 Million Internet users. As our future growth strategy we will also be deploying the Long Term Evolution (LTE) Technology as soon as the infrastructure and other resources are available to keep us at par with the global competitive environment.”