Phase 3 Telecoms Invests $110M in Broadband Solutions; Plans To Spend $68M More

Phase 3 Telecoms has invested about $110 million to ensure provision of broadband internet service, according to a statement by the company recently. The company’s director of engineering, Mr. Ajibade Momolosho, revealed that the fibre optic company plans to spend about $68 million more between 2013 and 2016 to expand the project. He explained that Phase 3 Network will be expanding its footprint in Africa by establishing presence in Accra and Senegal over the next 18 months. He pointed out that the telecoms company has so far deployed 4500km of fibre optic network.