Investment

WAT Confirms 15 Years Agreement

The West African Telecommunication Incorporated or WAT has confirmed reports on a recent 15- year agreement it reportedly signed with the Liberian Government which the Company says worth US$5 million.

The agreement, according to Dr. Peter S. Coleman, one of the members of the Board of Directors was signed between the Company and the Government of Liberia through the Liberia Telecommunication Authority few days ago. He told the media that WAT will provide internet service, wireless telephone, information telephone, information communication, amongst others, terming the agreement as a ‘wire-license.’

Dr. Coleman told the conference that there is a cordial working relationship between WAT and all the commissioners of the Telecommunication of Liberia, and commended the Authority for its positive attitude exhibited during the long process of harmonizing WAT’s license.

“We convene this press conference to confirm that the agreement was signed few days ago. We at the West African Telecommunication Incorporated are very happy and fill with joy for this historic event. I think you also know that this entity started operation about five years ago. And that during this process, there was a transition from the National Transitional Government of Charles Gyude Bryant, to the UP led Government of President Ellen Johnson Sirleaf. And since that time, a new Telecommunication Authority was established, and we’ve been in the process to harmonize our license and begin a new operation in terms of providing Telecommunication services to the people of Liberia,” he said.

Making technical elaboration on the company’s operation, Mr. Stephen O. Adams who is the Technical Consultant for the company said, WAT unlike other communications companies in the country will operate a dedicated high value spectrum and will cover the entire country. He furthered that portable communication set will be offered which, may aid consumers in time of emergency were they to contact the police or security officers.

WAT officials introduced were Jovani Meade, General Manager and Chief Administrative Officer, Mr. Antonio Baio, and Architect and Representative of Technical Italian Corporation with the Liberian Government, Mr. Stephen O. Adams, Chef Technical Consultant, and Mr. Kamal Essalai, Chief Engineer.

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