Director, Public Affairs of NCC, Mr. Tony Ojobo said in a statement that the Nigerian Communications Commission (NCC) has would soon commence the second phases of the licensing of five new Infrastructure Companies (InfraCos) in the country for North East, North West, South-South, South-West and South East Zones, in order to bridge existing broadband gap.
According to him, the model will help deliver fast, reliable broadband services to households and businesses. It is envisaged that this initiative will address the challenges of congested transmission network and also mitigate the challenges arising from infrastructure sharing and Rights of Way issues.
In this project, the Federal Government shall provide financial support in the form of subsidy, which shall be competitively determined to facilitate rollout obligations.
The licensing of the five InfraCos would bring to seven, the total number of companies issued with the licence.
The InfraCos will deploy metropolitan fibre infrastructure within their assigned territory on an open access, non-discriminatory, price regulated basis.
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