Nigeria is one of the biggest and fastest growing telecom markets in Africa, attracting huge amounts of foreign investment, and is yet standing at relatively low levels of market penetration. Far reaching liberalisation has led to hundreds of companies providing virtually all kinds of telecom and value-added services in an independently regulated market. The mobile sector, which saw triple-digit growth rates five years in a row after competition was introduced, has been joined by a number of additional players under a unified licensing regime which has also boosted the country’s underdeveloped Internet and broadband sector. Third generation (3G) mobile and WiMAX wireless broadband services are being rolled out at a rapid pace, backed by new national and international fibre links. After a decade of failed privatisation attempts, the incumbent national telco Nitel and its mobile arm M-Tel are currently in liquidation.
National telco Nitel in liquidation; Regulator cracks down on poor quality of service; New price caps and lower interconnection rates; Number portability finally introduced; Efforts to promote infrastructure sharing; Spectrum auctions.