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
Burkina Faso to accelerate online justice services rollout from 2026 New platforms enable remote filings, documents, prison visit requests Reform aims...
OADC secures approval to acquire seven NTT Data centres in South Africa Deal expands footprint in Africa’s largest data centre...
Egypt plans mobile phone exports from 2026, targets 15 million devices Strategy builds local ICT manufacturing; 40% value-added, 15 brands...
Gambia’s Gamtel signs $50 million PPP to modernise internet backbone Project boosts core network capacity from 50 Gbps to 800...
Most Read
01

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
02

Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...

Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
03

Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...

CEMAC Bloc Clears Way for Private Credit Bureau: New Implications for Regional Lending
04

Partnership targets priority projects, startup support and skills training Deal aligns with...

Gabon Signs MoU With Huawei on Digital Economy Push
05

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
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.