UNDERUTILISATION OF OVER $1B INVESTMENTS IN SUBMARINE CABLE SYSTEMS

UNDERUTILISATION OF OVER $1B INVESTMENTS IN SUBMARINE CABLE SYSTEMS
November 2, 2017 Advocaat Law Practice

Experts are of the opinion that the over $1b investments in Subsea cable systems landing in Nigeria by various companies are largely underutilized. It is believed that this is due to several factors, including lack of a national backbone, poor implementation of the broadband plan, Right of Way barriers, vandalisation of telecom infrastructure, last mile issues etc. As a consequence the expected gains to the economy and subscribers are yet to be felt.