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
• Madagascar to launch eForm for online travel forms, in partnership with tourism bodies and tech firm Mada Ozi.• Platform to speed entry, boost security,...
• Senegal launched “Source Sénégal PPP” on Aug. 5 to digitalize PPP contract procedures.• The platform aims to boost investment with support from Germany...
Liberia and Sierra Leone began free roaming this week Côte d’Ivoire–Liberia agreement expected to follow Move aligns with ECOWAS goal for...
The BOOST program is a significant milestone for Cabo Verde’s digital and economic development, especially as the country positions itself as a rising...
Most Read
01

• Ivory Coast is said to be negotiating a €800M syndicated loan with Standard Chartered and Soc...

Ivory Coast Said in Talks for €800 Million Syndicated Loan to Refinance Debt
02

Located on the southeastern coast of Zanzibar, Jambiani is a coastal village that captivates visitor...

Jambiani: A Fishing Village in a Paradise Setting
03

• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfe...

BCEAO to Roll Out New Platform for 24/7 Instant Transfers in West Africa
04

• US reduced initial April rates (up to 50%) to 10-30% in August for some African nations, exempting...

Trump New Trade Tariffs Adjustment Affects African Countries Diversely
05

MTN Uganda, MTN Mobile Money and the Uganda Hotel Owners Association signed an MoU on 1 August 202...

MTN Group On A MoU To Accelerate Hospitality Services Digitization in Uganda
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.