Nigeria Telecoms Market Report

Telecoms, Mobile and Broadband - Statistics and Analyses

Report Cover Image New Release

Last updated: 1 Mar 2022 Update History

Report Pages: 234

Nigeria’s government approves funding for more satellite connectivity

Nigeria has one of the largest telecom markets in Africa, supported by the second largest economy on the continent after South Africa.

In recent years, the telecom sector has benefitted from sympathetic regulatory measures aimed at improving competition and developing infrastructure. This has helped boost the country’s fixed-line broadband sector, which has seen considerable consolidation among players in recent years. The government aims to increase broadband penetration to 70%, largely via mobile networks but also supplemented by satellite connectivity covering remote areas.

Having called on industry players in mid-2020 to contribute towards its 5G framework, the Federal Executive Council in September 2021 approved a 5G policy which should see 5G services covering major urban areas by 2025. This has been supported by the award of spectrum in two bands to MTN Nigeria and Mafab Communications.

Key developments:

  • MTN Group sells down stake in MTN Nigeria to 75.6%;
  • Government approves funding for a second satellite, NigComSat 2;
  • MTN Nigeria and Mafab Communications each secure 100MHz of TDD spectrum to provide 5G services;
  • Airtel Nigeria follows MTN with 5G trials;
  • Regulator amends international termination rate;
  • Government approves $328 million loan to complete national backbone project;
  • Second stage of the NIPTI project is started, focussed on delivering fibre to northern areas of the country;
  • Government pledges to deploy 18,000km of fibre to extend broadband to rural areas;
  • National Broadband Plan 2020-2025 aiming to deliver 70% broadband penetration;
  • Report update includes the regulator’s market data to December 2021, operator data to Q4 2021, updated Telecom Maturity Index charts and analyses, assessment of the global impact of the pandemic on the telecoms sector, recent market developments.

Companies mentioned in this report:

Nigerian Telecommunications (ntel, Nitel, Pentascope, Transcorp, M-Tel), Globacom (Glo Mobile), VGC Communications (MTN Nigeria), Nepskom Communications, MTS First Wireless, Suburban Telecom, Backbone Connectivity Network (BCN), Traffic Network Services, Fibre Tech West Africa, Phase3 Telecom, Alheri Engineering, Mobitel Nigeria, Prestel (O-Mobile), Galaxy Backbone, 21st Century Technologies, Main One (Mainstreet Technologies), Brymedia, NigComSat, O3b Networks, WASACE, Linkserve, Pinet Informatics, Odu’a Telecom, Swift Networks, Startech Connection, Netcom Africa, MWEB Nigeria, Accelon (Internet Solutions), Polestar, Naija Wi-Fi, Suburban Telecom, Zinox, Starcomms, Layer3, Airtel Nigeria (formerly Zain, Celtel), 9Mobile (Etisalat Nigeria, EMTS, Mubadala), Visafone, Starcomms (Capcom), Multi-Links, Reliance, Econet Wireless, Vodacom.

Related Reports

Share this Report

TMT Intelligence

A platform to scale your intelligence tasks

Monitor critical insights with our AI-powered Market Intelligence Platform gathering and analyzing intelligence in real time. With AI trained to spot emerging trends and detect new strategic opportunities, our clients use TMT Intelligence to accelerate their growth.

If you want to know more about it, please see:

TMT Intelligence Platform

Research Methodology

BuddeComm's strategic business reports contain a combination of both primary and secondary research statistics, analyses written by our senior analysts supported by a network of experts, industry contacts and researchers from around the world as well as our own scenario forecasts.

For more details, please see:

Research Methodology

More than 4,000 customers from 140 countries utilise BuddeComm Research

Are you interested in BuddeComm's Custom Research Service?

News & Views

Have the latest telecommunications industry news delivered to your inbox by subscribing to BuddeComm's weekly newsletter.

Unsubscribe