The House of Representatives has unanimously voted and passed into law a bill seeking the amendment of section 12, subsections 2,3,4, and 5, subsections 1 and 2 Schedule A of the Telecommunication Art of 2007 to expand the functions of the Liberia Telecommunication Corporation (LIBTELCO).
The amended law is subject to concurrence at the Liberian Senate.
When enacted into law, it will give rise to LIBTELCO to operate as a GSM company like Lonestar MTN and Orange Liberia.
The amendment of the Telecommunications Act of 2007 will enable the government-owned Corporation to provide “world-class” telecommunications products and services at cheaper and affordable for all Liberians that will enable the growth of various sectors such as education, healthcare, banking, energy among others.
This comes after a week of review from the plenary committee on Post and Telecommunications chair by Maryland District #3 Lawmaker Isaac Roland constituting seven members assisted by committees on Judiciary and Ways, Means and Finance.
The Bill expresses that the passage of the said amendment will improve the operations of the Liberia Telecommunications Corporation in post-war Liberia for a major impact on the economic vitality of the country.
Addressing a news conference Tuesday, the Chairman on Post and Telecommunications and Rep. Isaac Roland said the bill is also in an effort to counter the devastating impact of COVID-19 pandemic on the economy and to support maximum returns on internal resources for economic recovery.
“We strongly believe that amending the provisions of the Telecommunications Act of 2007 to expands LIBTELCO operations as National Hand will have a positive effect on the country and will enable the growth of various sectors,” Rep. Roland told reporters.
The Maryland County Representative added that the House’s decision when concurred by the senate will open the corridors for the IT sector thus making young Liberians more interested in the IT sector and creating more job opportunities.