Data, the Future of Telecoms Industry – VDT GMD

VDT Communications Limited General Managing Director/Chief Executive Officer, Biodun Omoniyi, has described data as the future of the telecoms industry.

He said this known at a press conference to mark the 20th year anniversary of the company.

Omoniyi said, “Voice and data, I don’t think people actually talk about the difference or lack thereof because when you have data, you can do voice now.

“Recently, I was talking to someone on voice and the network was terrible, but when we switched to data, it was seamless.

“It is the same infrastructure, but data is bringing quality to service delivery. When you have data, you can do voice. In the industry, we have always been saying that data is the future. Now, that future is upon us.

“Eventually with data, you can view pictures, do transactions, and almost everything. The relevance of voice is waning.

“Data in terms of growth is accelerating even for the Mobile Network Operators although the issue of high-quality service will still be determined by how secure telco infrastructures are.”

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While speaking on the anniversary, Omoniyi said it was in the company’s tradition to celebrate its anniversary every five years.

He said, “VDT Communications operates one of the most advanced telecommunications networks in the country. “Our network infrastructure design is structured towards providing a broad range of end-to-end efficient and reliable IP-based (data and voice communications) services while building a long-term, trusted partnership with our various customers.”

When asked what the increase in data revenue for the MNOs meant for Internet Service Providers like VDT, Omoniyi said, “I do not think absolute revenue for voice dropped, I think it is the rate of growth that slowed. But we have been in data all our lives, and our quality of service is top-notch.

“This is an opportunity; the market is expanding. More people are using data, the problem is we have been playing more in the enterprise space, and it is shrinking.

“Banks are not opening new branches, probably because of the recession. But the good thing is we are going into retail. Which is a good opportunity for us, people are getting more aware of data.”

He added that the company was investing in reaching more people to deepen its presence in the retail market.