Telecom

Nigeria plans to acquire two new satellites by 2025

Nigeria plans to acquire two new satellites by 2025
Tuesday, 21 September 2021 04:50

Demand for broadband connectivity in Nigeria has been growing since 2020, especially with the pandemic. In addition to the mobile network and optical fiber, which are being rolled out at an accelerated pace to meet this demand, the government wants to combine new satellite capacities.

The Nigerian Communication Satellite Limited (NigComSat), a state-owned company specializing in satellite services, plans to acquire two new telecom satellites by 2025. The Managing Director Abimbola Alale (pictured), announced this on Thursday 16 September at a forum held in Lagos under the theme: "NIGCOMSAT Ltd: The Present and the Future". She said the two new satellites - NigComSat-2 and NigComSat-3 - will replace NigComSat 1-R, which will reach the end of its 15-year life in 2026.

According to Abimbola Alale, the acquisition of the new space assets "not only inspires confidence in our customers and channel partners, but also places NIGCOMSAT Ltd in the front line of communication satellite operators with a fleet of satellites in orbit.” She reassured Nigerians that better broadband telecom services will be available nationwide when the two satellites are launched. 

NigComSat's plan comes at a time when demand for broadband connectivity is growing across the country, especially in rural areas. The Nigerian Communications Commission reported that the number of Internet subscribers increased from 135,743,324 in Q1 2020 to 154,437,623 in Q4 2020. This represents an increase of 13.77%. During this period, the volume of data used increased from 147,537.52 Terabytes to 196,163.42 Terabytes. In 2018, China had offered to help NigComSat acquire two satellites in exchange for a stake in its capital.

With NigComSat-2 and NigComSat-3, NigComSat will contribute to the federal government's ambitions to increase broadband penetration to 90% of the population by 2025. This connectivity will also support the country's digital transformation in various sectors, including health, education and public administration.

Muriel Edjo

On the same topic
Nice Deer has partnered with Telecom Egypt to manage healthcare services for over 28,000 employees via its digital insurance platform. The announcement...
Ghana plans to introduce a fully online visa application system in early 2026 The reform aims to speed up processing and simplify entry...
Parliament approved a law updating rules for electronic communications The reform aligns regulation with digital growth and technological...
New ADD chief outlines roadmap aligned with Morocco Digital 2030 Public service digitalization and startup support at the core of the...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
03

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
04

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
05

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
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.