Nigerian firm, Pan African Towers (PAT) Limited, has entered into a N7.2 billion ($20 million) telecoms infrastructure investments deal with Canadian firm, Watt Renewable Corporation.
Under the terms, Watt Renewable will provide alternative energy solutions like solar and other renewable to all towers owned and managed by PAT in Nigeria, to help the latter reduce exposure by as much as 50 per cent.At the signing ceremony in Lagos, at the weekend, the Chief Executive Officer of PAT, Wole Abu, told journalists the deal is significant, because "it's a milestone in our journey of innovation, service delivery, and pushing Nigeria to the broadband target. This is at the forefront of the Nigerian Communications Commission (NCC's) agenda for setting up Infrastructure Company."
...