• AI Search
  • Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
Home African

Ericsson Seeks Investment Opportunities in Nigeria’s Broadband Market

Uloma Mary Omolaiye by Uloma Mary Omolaiye
October 17, 2017
in African, Internet
Share on FacebookShare on Twitter

The exceptional attributes of high-speed internet access are vast and profound, fueling a diverse array of critical operations. Not only does broadband act as a catalyst for businesses, it also provides indispensable infrastructure that promotes economic development, fosters electronic commerce, generates job opportunities, and attracts new investors. Based on this immense impact of broadband access, the multinational technology and networking services company, Ericsson, has shown keen interest in investing in Nigeria’s broadband market.

This interest was conveyed in a visit by an Ericsson team, headed by the Head of Government and Industry Relations, Shitlesi Makkhofane, and Peter Olusoji, to the Nigerian Communications Commission (NCC). During the visit, Makkhofane expressed concern over several regions of Nigeria that lacked internet access, stating their commitment and readiness to deploy broadband services to these underserved communities.

Access to the internet sparks countless opportunities. In the educational sector, broadband enables students to connect with extensive online resources and maintain pace with global progress. In terms of health, high-speed internet helps elucidate mechanisms for providing medical care to underserved areas, facilitating treatments and monitoring. Additionally, prompt diagnosis of life-threatening diseases becomes achievable, potentially saving numerous lives.

Just think about the influence of broadband on e-commerce in Nigeria. Where would platforms like Jiji, Konga, and Jumia be without it? Internet access has been instrumental in encouraging economic development, edging regional, national, and global markets forward. Furthermore, the influence of social media platforms like Twitter and Facebook in revolutionizing interactions between the public and various government agencies illustrates broadband’s power.

Despite the vast potential, some regions in Nigeria still face significant deprivation in terms of broadband availability, accessibility, and affordability. Addressing this, the Ericsson Group has indicated its readiness to provide data management services to enable network interoperability and secure systems against the threat of cloned devices. However, this ambitious move demands the careful navigation of licensing requirements and agency approval.

The Executive Commissioner, Stakeholder Management, NCC, Mr. Sunday Dare, expressed his appreciation for Ericsson’s interest in the Nigerian Telecom ecosystem. However, he noted that economic instability could create obstacles, particularly citing the foreign exchange shortage.

Despite these concerns, Mr. Dare assured the Ericsson team of the commission’s commitment to inviting foreign investors for the development of the telecom industry in the country. He promised to present the discussion to the management for further consideration.

In the end, a world without quality internet access is truly unimaginable. It is as unthinkable as a party without music or a wedding ceremony without the bride. More than a luxury, high-speed internet has become a necessity.

Related Posts:

  • images (6)
    Nigeria Partners With Ericsson to Pace 5G…
  • Untitled design
    Starlink Historic Entry into Chad's Telecom Marketplace
  • ICASA
    ICASA's Ambitious Satellite-Based Internet Services…
  • 1737031147540
    Airtel Nigeria Launch 5G Broadband Internet To…
  • HM-Estonia-qos62aao7pfh2ic35lwwjjx5tmrr83qngtu1brlsyi
    Tijani Confirms 49% of $2B Fibre Investment…
  • telecoms-radio-towers
    Nigeria’s Telecom Sector Attracts $991M in FDI
  • An-MTN-Centre
    Fibre Broadband Service is now Known as FibreX by…
  • MTN-PR-54
    The NCC Commissioned MTNN To Lease Spectrums From…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: broadbandericssoninternetnccnigeria
Uloma Mary Omolaiye

Uloma Mary Omolaiye

BROWSE BY CATEGORIES

Receive top tech news directly in your inbox

subscription from
Loading

Freshly Squeezed

  • TikTok Usage Rebounds in US After Brief Post-Ownership Dip February 4, 2026
  • MSI Prestige 14 Flip AI+ Review: Intel Panther Lake Power February 4, 2026
  • What’s Really Going On With Nvidia and OpenAI’s Mega Deal ? February 4, 2026
  • What “Continuous” Actually Means in Modern AppSec February 4, 2026
  • Apple Adds Claude and OpenAI Codex to Xcode for Agentic Coding February 4, 2026
  • Vercel Rebuilds v0 to Take AI Apps From Prototype to Production February 4, 2026
  • Microsoft Reveals First Xbox Game Pass Additions for Feb 2026 February 3, 2026
  • GoCab Raises $45m Seed Round After Hitting $17m ARR February 3, 2026
  • SpaceX Acquires xAI in $1.25T AI and Space Consolidation February 3, 2026
  • OpenAI Moves Beyond Nvidia Chips in AI Arms Race February 3, 2026
  • SpaceX Acquires xAI in Major Strategic Move February 2, 2026
  • UK Launches Fuel Finder API for Petrol Station Prices February 2, 2026

Browse Archives

February 2026
MTWTFSS
 1
2345678
9101112131415
16171819202122
232425262728 
« Jan    

Quick Links

  • About TechBooky
  • Advertise Here
  • Contact us
  • Submit Article
  • Privacy Policy
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
  • African
  • Artificial Intelligence
  • Gadgets
  • Metaverse
  • Tips
  • AI Search
  • About TechBooky
  • Advertise Here
  • Submit Article
  • Contact us

© 2025 Designed By TechBooky Elite

Discover more from TechBooky

Subscribe now to keep reading and get access to the full archive.

Continue reading

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.