ATCON: Broadband Penetration Low in Nigeria

Mr. Olusola Teniola, President, Association of Telecommunications Companies of Nigeria [ATCON] has lamented the current low penetration of Broadband in Nigeria, saying that Broadband today is only accessible to few Nigerians.

“Broadband is at infancy level in Nigeria. It is only accessible to low strata of Nigerians. Affordability is a big issue with Broadband. At the moment, market conditions are responsible for the price gap on Broadband as the government is not in the business of building Broadband. The government only creates the enabling environment”

Teniola listed the three key challenges of Broadband development in the country as accessibility, affordability and availability. He added that the 30 per cent penetration target contained in the National Broadband Development document was mainly for the starting process.

“Now-what of return on investment?. We need content to drive Broadband. The immediate challenge is to get the necessary data to fill the pipes and also overcome the problem of bandwidth price.”

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

NAICOM Reaffirms Support for Takaful, Microinsurance Growth as Noor Takaful Nears 10th Anniversary

L-R: Dr. Usman Jankara Jimada, Deputy Commissioner Technical, NAICOM;...

BUA Foods Delivers Double Digit Profit as Margin Discipline Drives Growth

  Company advances long term expansion strategy with significant...

Leadway Sounds Alarm on African Swine Fever, Urges Farmers to Strengthen Biosecurity

As concerns grow over recent outbreaks of African Swine...

Ecobank Nigeria Launches Scaling Up!!! Podcast to Champion African Entrepreneurship, Business Growth

Ecobank Nigeria has launched Scaling Up!!!, its flagship business...

Leadway Assurance, CubeCover, Vitse Technologies Sign on as Official Partners for IMT 5.0

Insurance Meets Tech (IMT), West Africa’s premier platform for...

Topics

FG to Commission Nedogas 300 MMscfd Kwale Gas Gathering Facility

Nedogas Development Company Limited (NDCL), a Joint Venture company...

NSE Retains ISO 27001:2013 Certification

The Nigerian Stock Exchange (NSE) has announced the retention...

FCMB May Shut 36 Branches to Save Cost

There are growing indications that First City Monument Bank...

Macro-economic Stability Drives GDP Growth Expansion, Capital Importation

Afrinvest Research says that Nigeria continues to reap the...

Samsung Showcases Innovative Products at 2016 Samsung Africa Forum

Samsung Electronics Company Limited yesterday unveiled its product line-up...

Adeosun:‘Commitment to Accountability, Transparency Non-Negotiable’

The Minister of Finance, Mrs. Kemi Adeosun has challenged...

Union Bank Core Investors to Transfer 89.39% Equity to Titan Trust Bank

The Board of Union Bank of Nigeria Plc (Union...

‘Nigeria’s Hospitality Industry Must Increase Payment Options to Maximise Growth’

    ·         The World Travel & Tourism Council’s Economic Impact...
spot_img

Related Articles

Popular Categories

spot_imgspot_img