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Mobitel plans extension of essential operation, consolidates cashless project

Published by Guardian on Wed, 11 Jul 2012

ONE of the leading broadband service providers, Mobitel Limited, has announced plans to extend its essential operations beyond the domain of Lagos State, where it currently enjoys over 90 per cent patronage.To achieve this, the company disclosed that it has already embarked on aggressive procurement of sophisticated modern equipments to carryout the operations in most enhanced and effortless manner. Besides, the company said it had been stepping up technical operations intended at easing smooth operations and effectiveness of the newly introduced Cashless Society initiative of the Central Bank of Nigeria (CBN), especially through broadband usage.Chief Executive Officer of the organisation, Mr. Johnson Salako, while speaking at the Cashless Lagos Fair organsied by Business World in conjunction with the Central Bank of Nigeria and the Lagos State Government recently, said Mobitel differentiates on consistency and reliability of speed while also providing a unique array of innovative Value Added Services (VAS) to customers, which makes it suited to provide a solid support to financial institutions, mobile money operators and their customers.In achieve the objective of driving the cash-less project, Mobitel also revealed that it would continue to lead in the design and provision of innovative solutions that are affordable to enable banks and other financial service providers enjoy seamless operations.Already, Salako said the company has introduced exciting devices that are tailored to meet the internet lifestyle needs of the upwardly mobile individual who needs to perform transactions on the move, online using tablets of smart phones.'There are plans underway for the introduction of new devices as well as tariff plans while also expanding our enterprise solutions business to meet the needs of corporate organisations desirous of an 'always on' fast and reliable broadband service,' Salako stated.The Cashless project, which has been roundly welcomed with excitement by Nigerians, is expected to evolve a society where most financial transactions would be done without physical cash, thereby sparing people the discomfort of handling large volumes of cash and the anticipated fear of being harassed.The alternatives, which the Cash-less project offers, include payment transactions, using cards operated from POS Machines and ATMs, mobile Money and Internet banking. The implication of this therefore is that the POS machines, ATMs must be available always for use and should be active and operational at all time. 'This consistency and reliability is only possible through the power of broadband, an area where Mobitel enjoys huge comparative advantage,' Salako added.The company also revealed that there are plans to expand the network beyond Lagos where the company has achieved over 90% coverage.Mobitel is a foremost telecommunications firm in Nigeria focused on the delivery of next generation 4G, WiMax broadband technologies through the use of the 2.3GHz spectrum license for enhanced user experience, faster speed, better broadband quality, and competitive pricing. They are the pioneer provider of real wireless broadband service in Nigeria with speeds starting at 1Mbps and capacity to deliver up to 100Mbps.
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