Wednesday, January 30, 2008

NITEL transformation on course

Owners of Nigeria Telecommunications Plc (NITEL) and its mobile arm, Mobile Telecommunications Limited (MTel), Transnational Corporation of Nigeria Plc (TRANSCORP), has affirmed that the transformation programme is on course.

Champion Infotel recalled that Transcorp began transformation of the telco six months ago.

Speaking on development in Lagos, Group Managing Director, Transcorp, Mr. Tom Iseghohi, said that contrary to insinuations, Transcorp is making progress in working with other stakeholders to restore NITEL and MTel to enviable positions.

“We’re following a rigorous but disciplined process in working with the management of NITEL and MTel as well as other stakeholders to ensure that these organisations return to efficiency and profitability. In doing this, we must avoid the mistakes of the past,” he said.

Mr. Iseghohi also said that whatever decisions taken will be in the overall interest of the resuscitation of NITEL and Mtel.

On the revocation of the sale of NITEL, he said that such calls are mischievous.

“Such calls are not only mischievous but illogical. Those making such calls are the beneficiaries of the misfortune of NITEL, the perpetrators or their agents,” he alleged.

He equally said, that the alleged plan to retrench workers is not in the agenda of the organisation for now.

He emphasised that if staff will be laid off, “such exercise will follow a process that will include consultations with stakeholders, the unions and employees.”

Stressing the gains of the on-going transformation, Mr. Iseghohi noted that the relaunch of MTel in Abuja has tremendously improved the quality of the network as one of the tangible achievements, adding that resuscitation of NITEL backbone has been 75 per cent successful.

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