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Business News of Thursday, 16 August 2007

Source: BENNY MANKS

GLOBACOM Confident Of Pitching Camp In Ghana

Officials of Nigerian Telecommunications giant, GLOBACOM, remain confident they will soon be granted a license to operate in Ghana.

Though the NCA has confirmed it is studying the documents of the company, it is yet to come out with an official position on the deal. Globacom says it is bent on ruling the African telecommunications market and it believes Ghana is an excellent destination to enhance their effectiveness.

The company was granted a license last week in Benin after it emerged tops in a keen contest in which several telecom operators participated. Sources close to Citi FM say Globacom was preferred ahead of the other bidders because of its technical superiority.

The source added that the Beninoise government was also swayed by Globacom’s demonstrable ability to commence services within sixty days, a key requirement of the Benin’s telecom authorities.

In an earlier interview with Citi FM, the Manager in charge of Events and Sponsorship at GLOBACOM, Olayinka Atande, said they will certainly make an appearance in Ghana since the country has established itself as a reliable business destination. ‘Any thriving company which does not see the essence in establishing in Ghana is not serious’, he said.