Dangote telecoms outfit eyes 2009

Businessman extraordinaire, Alhaji Aliko Dangote’s telecommunication outfit, Alheri, may eventually take off in 2009.

Heard from the grapevine that Dangote is already dotting the i’s and crossing the t’s to ensure a successful operation when eventually it takes off next year.

Industry pundits are, however, pointing out that he may be facing challenges in accesing loan from banks who are skeptical on the success of such a venture in view of the existing competition in the industry.

Considering the huge capital demand of the venture, it may not be a worthy risk that will be profitable.

The not too successful outing of a telecom outfit, under a popular bank, is a ready case-study.

As published in Issue 48 and uploaded on http://www.fnc0486.wordpress.com

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4 Responses

  1. well to whom much is given much is been expected.But i will urge the young man to still remember to visit the less privileged in the society

  2. Dangote is just a brilliant man.

  3. …all he needs to do is tie up a collocation/site share deal with the major players. there’s no point investing in wasteful infrastructure

  4. wow its a really great idea

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