Telecom

Nigeria : Telecom operators reveal their ambitions for the market this year

Nigeria : Telecom operators reveal their ambitions for the market this year
Wednesday, 02 January 2019 20:29

Nigerian telecommunications operators announce great realizations that will thoroughly transform the local market this year. These ambitions were revealed by the president of the Association of Telecommunications Companies of Nigeria (ATCON), Olusola Teniola, and his peer of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Gbenga Adebayo, during an interview with the local media The Guardian, on December 31, 2018.

The two representatives indicated that greater attention would be paid to the quality of services. To that regard, joint strategic investments are planned for the creation of an open-access fiber optics network via the InfraCos. This network will help boost the broadband internet penetration rate. They also intend to build new telecom towers to densify the network from 45,000 to 70,000, with a prevalence of 4G towers that will increase from 7,000 to 12,000.

Particular attention will be also be paid to spectrums and frequencies. Along with the Nigerian Communications Commission (NCC), Olusola Teniola and Gbenga Adebayo indicated that the industry would advocate for their optimization to boost the development of bandwidth-intensive apps.

The mobile money will also be one of the focus this year. Compared with that of other countries like Kenya, Ghana, Tanzania, and Uganda, the market, whose penetration rate has been 1% for five years now, is still under-exploited. Olusola Teniola explained that telecom operators have promised to bring this service to an additional 90 million residents.  

To achieve these ambitions, Gbenga Adebayo appealed for the country’s president’s help. “We are seeking for the President to declare Telecommunications as a critical national economic and security infrastructure and accord our sector and infrastructure the needed protection in that regard, he declared.

On the same topic
National large language model to power government services, education, and healthcare Over 350 AI firms and 100 investors attend summit in Cairo Move...
Ericsson and Nigeria’s government launched the “Connect NextGen Hackathon.” The four-month program targets 5G, AI, IoT, cloud and sustainability. Top...
Zimbabwe expanded cooperation with UNESCO on artificial intelligence, digital transformation, and digital governance. The government positioned...
Morocco signed eight memorandums of understanding to launch Idarati X.0 as a unified digital entry point for public services. The government...
Most Read
01

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
04

Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...

Safaricom launches M-Pesa platform for stock trading in Kenya
05

Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...

Rwanda Mobilises Global, Local Finance for $2Bln Innovation City Targeting Africa’s Digital Economy
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.