Analysis: Nigeria Requires More ISPs To Achieve 70% Broadband Penetration Target By 2025
Nigeria will require more Internet Service Providers (ISPs) to achieve the target of 70% broadband penetration by 2025, despite the current implementation of the Nigeria National Broadband Plan (NNBP 2020-2025).
NewsBeatng gathered that more companies have been showing interest in operating in this segment of the telecommunications industry lately.
In 2022 alone, the Nigerian Communications Commission (NCC) had licensed over 40 new Internet Service Providers (ISPs), including Elon Musk’s Starlink. This has brought the total number of ISPs in the country to 238 as of December this year, even as more are expected in 2023.
The ISPs, operating in their license domain differently from the mobile network operators, are serving mainly corporate organizations and homes, as opposed to the likes of MTN, Airtel, Globacom, and 9mobile, who are targeting the entire spectrum of internet users in the country.
As of Q3 2022, the total connected subscribers of the ISPs stood at 415,099, according to the data released by the NCC. However, only 49% of these subscribers, 204,810, were active.
While some of the newly licensed ISPs are yet to commence business, NCC’s data for Q3 2022, reveals the position of 102 active ISPs in terms of customer number and points of presence in Nigeria.
