{"id":416502,"date":"2011-05-03T17:01:33","date_gmt":"2011-05-03T17:01:33","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/03\/gifec-to-spend-18m-on-90-telecommunication-towers-by-2012\/"},"modified":"2011-05-03T17:01:33","modified_gmt":"2011-05-03T17:01:33","slug":"gifec-to-spend-18m-on-90-telecommunication-towers-by-2012","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/03\/gifec-to-spend-18m-on-90-telecommunication-towers-by-2012\/","title":{"rendered":"GIFEC to spend $18m on 90 telecommunication towers by 2012"},"content":{"rendered":"
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You Are Here: Home<\/a> \u00bb ICT<\/a>, Lead Story<\/a> \u00bb GIFEC to spend $18m on 90 telecommunication towers by 2012<\/p>\n

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Page last updated at Tuesday, May 3, 2011 17:17 PM \/\/ <\/span><\/div>\n

\"\"<\/a>The Ghana Investment Fund for Electronic Communications (GIFEC) says it plans to build 90 more telecommunications towers by the end of 2012.<\/p>\n

A GIFEC official tells ghanabusinessnews.com the project would cost approximately $18 million.<\/p>\n

These towers will be situated mostly in the rural areas where the telecommunications companies don\u2019t want to erect masts.<\/p>\n

\u201cWe intend building 90 more towers especially in the rural communities by the end of 2012\u201d, Mr Kwame Bedu-Andor, the Communications Manager of GIFEC told ghanabusinessnews.com on the sidelines of the recently held Ghana Policy Fair on April 29, 2011.<\/p>\n

\u201cThese are telephone masts\/towers which are provided by GIFEC at underserved and unserved communities for the provision of telecommunications services. The sites are available for co-location by telecommunications companies and other interested parties\u201d, a fact sheet from GIFEC indicates.<\/p>\n

So far, 39 common telecommunication facilities have been completed, Mr Bedu-Andor said.<\/p>\n

He said that when the project is completed, licensed telecommunications companies would be asked to launch their services for a fee and it will help them to provide good network services to the community.<\/p>\n

Meanwhile, the outfit said it intends to provide 8000 rural payphones to underserved communities between 2011-2012. So far 1000 payphones have been deployed.<\/p>\n

GIFEC is largely funded by licensed telecom operators, government and investment made by the Fund\u2019s Trustees.<\/p>\n

\u00a0<\/p>\n

By Ekow Quandzie<\/p>\n\n

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