PNN Executes N7 Billion Frame Agreement With ITL in Nigeria on tower sharing

Telecoms

Pan-African telecoms service provider, PNN limited has announced that it has reached another milestone in the telecommunications industry with the signing of a frame agreement with Independent Towers Limited (ITL), to deploy and operate 200 co-location sites in Nigeria, Ghana and Uganda as part of the first phase of the 750 sites being planned by ITL.

Speaking at a media parley held in Lagos recently, Managing Director/CEO of PNN, Alhaji AbdulRahman Abiola-Odunowo, stated that PNN intends to deploy the sites innovatively to help reduce the capital and operational expenditure for these sites. He explained that "to achieve a reduction in the operational expenses of our client, ITL has approved that all the sites would be deployed utilizing alternative power solutions.

We are very excited to be working with a forward thinking organisation like ITL because they have recognized the need to think out of the box by deploying their sites in a more energy efficient manner". He also added that 100 of these sites would be completed and brought to use before June 2009.

Also at the media parley, Gbenga Owoeye, Head of Business Development, Independent Towers Limited (ITL), explained that ITL's main focus is to deliver a cost effective service across Africa and the deployment of the first 200 sites to Nigeria, Uganda and Ghana is as a result of our assessment of the current needs in these markets.

"Our choice of PNN as our turnkey service provider is based on their understanding of ITL's aspirations in ensuring our operational cost is reduced significantly while also ensuring uptime on our sites is 100% at all times since they are the leading telecoms infrastructure operations and maintenance service company in Nigeria with over 700 sites under their management." Owoeye also confirmed that ITL intends to deploy over 750 sites in 6 African countries between now and June 2010.

Vanguard Lagos