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

Is Investing for Me? Rethinking Who the Stock Market is Actually Built For

  By Robinson Kolawole "Investing is not for someone like me."...

CIIN Boss, Yetunde llori, Bows Out, Lists Achievements in Office

Mrs. Yetunde llori, the President/Chairman of Council, Chartered Insurance...

WorldStage Business Forum Q2 2026: Prof. Baale Makes Case for Building World-class Nigerian Corporate Culture

L-R: Mr. Segun Adeleye, President/CEO, World Stage Limited; Prof. Lere...

Insurance Brokers Reaffirm Commitment to Local Content, Digital Innovation at SUPERNEWS Conference

Deputy President of the Nigerian Council of Registered Insurance...

Topics

Post No Debit: “Dead” Customer Recants, Thanks Polaris Bank for Protecting His Funds

A Polaris Bank customer Mr. Anthony Olasele on Thursday,...

uTracka Raises Alarm over N100bn Constituency Projects in 2018 Budget

Tracka, a transparency platform which allows citizens to collaborate,...

‘Nigeria’s Company Income Tax Amongst Highest in the World’–Oyedele

Nigeria has one of the highest company income tax...

MTN Nigeria Lists on Stock Exchange Tomorrow

MTN Nigeria Communications Plc has received approval to list...

Union Bank Advocates for Environmental Restoration, Commemorates World Environment Day 

Union Bank, one of Nigeria’s foremost financial institutions, has...

Anchor Insurance Bags Insurance Company of the Year award

Austin Ebose Managing Director/CEO Anchor Insurance Company Limited Anchor Insurance Company Limited,...

Oando Joins African Energy Week 2023 as Platinum Sponsor, Clean Energy Partner

    The African Energy Chamber (AEC) is pleased to announce...
spot_img

Related Articles

Popular Categories

spot_imgspot_img