Starcomms To Provide Mobile Broadband Data Service
Capcom would be engaged in providing mobile broadband data services if their bid to buy over the assets and liabilities of distressed code division multiple access (CDMA) operator, Starcomms sails through, says the Capcom Chief Executive Officer, Mr Ademola Elesho.
He made this known during an interactive media session in Lagos yesterday, adding that the firm has concluded arrangements to inject a combination of cash and assets worth $210million into Starcomms as part of efforts to buy controlling shares in the struggling telecoms firm. He noted that there are opportunities for the firm to bounce back and play a significant role in the market.
According to him, the ailing telco will be made to attract more highly profitable data subscription in the short term through the launch of 4G mobile broadband or long term evolution (LTE) technology, adding that the availability of 20 Megahertz contiguous spectrum 1900MHz range would allow the telco to do data excellently.