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Nigeria: Harsh business environment to blame for Bitflux delay

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Omoniyi said the roll-out would be in phases, adding that Bitflux would begin roll-out with Lagos, from where it would spread to other states of the federation.

Back in February 2014, the Bitflux Consortium won the 2.3GHz spectrum license in Nigeria; however, it has now blamed the harsh business environment for its delay in rolling out the operation.

According to ThisDay, CEO of VDT Communications, Biodun Omoniyi, leading the three companies that formed the consortium, ensured that the company will roll out before the end of March, having put certain things in place.

Omoniyi said contracts have been signed and vendors have started supplies, an indication that the consortium is rolling-out soon. Omoniyi said the roll-out would be in phases, adding that Bitflux would begin roll-out with Lagos, from where it would spread to other states of the federation.

Bitflux is a relatively small, indigenous company comprising VDT Communications, Bitcom Systems and Superflux International. Bitflux paid USD 23.251 million for the license.

Omoniyi called on the government always to strive to provide the right business environment, and commended the NCC for what he described as highly transparent auction of the 2.3 GHz spectrum last year.

Staff Writer

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