29 May 2007

PNG Telikom could lose out to Digicel

10:55 am on 29 May 2007

Papua New Guinea Telikom has expressed fears that the rush of foreign mobile phone companies into the country may put it out of business.

Telikom's chief executive officer Peter Loko, says Government consultants predict Telikom's core network and other services might be deprived of income that would keep them sustainable.

Under this scenario, Mr Loko told The National newspaper that he's concerned that PNG would then be dependent on foreign-owned mobile phone providers.

He says this would mean that as a nation, it has destroyed a valuable national asset Telikom, and privatised the communications industry to foreigners at no profit.