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SIMMONS & SIMMONS An international law firm London Paris Brussels Lisbon Milan Rome Abu Dhabi Hong Kong Shanghai New York Workshop on a new Telecom Policy.

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Presentation on theme: "SIMMONS & SIMMONS An international law firm London Paris Brussels Lisbon Milan Rome Abu Dhabi Hong Kong Shanghai New York Workshop on a new Telecom Policy."— Presentation transcript:

1 SIMMONS & SIMMONS An international law firm London Paris Brussels Lisbon Milan Rome Abu Dhabi Hong Kong Shanghai New York Workshop on a new Telecom Policy for Nigeria Abuja, Nigeria 21-22 July 1999 Kayode Khalidson Solicitor

2 SIMMONS & SIMMONS 2/KK13.ppt97 Privatisation Stakeholders Federal Government of Nigeria Ministry of Communications Nigerian Communication Commission NITEL/M-TEL Existing operators and new entrants Customer Investment Banks Trade Unions Investors/technical partners

3 SIMMONS & SIMMONS 3/KK13.ppt97 Nigerian Government promoting Nigeria's profile and status internationally raise revenue by maximising sale - exclusivity for NITEL? allow Nigerian businesses to compete in the African and worldwide market encourage efficiency ensure domestic participation of the privatisation process improve the telecom infrastructure

4 SIMMONS & SIMMONS 4/KK13.ppt97 Ministry of Communications Ensure the successful liberalisation of the communications sector allow Nigerian customers to benefit from greater and cheaper access to communications facilities policy formulation approve the regulatory and legal framework establish goals and objectives manage the frequency spectrum and assign commercial bands to the NCC

5 SIMMONS & SIMMONS 5/KK13.ppt97 Nigerian Communications Commission policy and regulatory framework independence and autonomy with adequate powers setting terms of interconnection licensing telecommunications operators competitive marketplace protecting the interests of consumers and government encourage infrastructure expansion universal service obligations quality of service

6 SIMMONS & SIMMONS 6/KK13.ppt97 NITEL / MTEL maintain their dominant market position NITEL to own shares in M-TEL? maintain profits monopoly exclusivity international listing?

7 SIMMONS & SIMMONS 7/KK13.ppt97 Existing Operators and New Entrants ensure competition interconnection agreements numbering issues - portability licences wayleaves

8 SIMMONS & SIMMONS 8/KK13.ppt97 Customer consumer protection issues cheaper and easier access to telecommunications universal service obligations privacy regulations

9 SIMMONS & SIMMONS 9/KK13.ppt97 Investment Banks Due diligence Data room transparency timetable maximise sale

10 SIMMONS & SIMMONS 10/KK13.ppt97 Trade Unions security of employment employee share ownership schemes opportunities with competitors rapid growth of jobs

11 SIMMONS & SIMMONS 11/KK13.ppt97 Investors and Strategic Partners transparency fair and open bid process voting rights and control floatation of the Nigerian and international stock exchanges

12 SIMMONS & SIMMONS 12/KK13.ppt97 Privatisation of NITEL - 30% stake sold to strategic Investor Exclusivity period Second Network operator - Duopoly with NITEL Appointment of 2 cellular operators including a privatised M-TEL Prepare draft policy document at the end of this seminar. Conclusion

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