Nigeria has by far the highest internet penetration rate in Africa (51%), in large part due to the massive population of the nation.
As a result, the nation’s telecommunications sector is not only thriving but also constantly expanding and evolving.
The country presently aims to increase its current 51% penetration to 70% by 2025, which unintentionally means that Internet Service Providers’ services would be used more frequently.
Over 40 new Internet service providers (ISPs) were authorised by the Nigerian Communications Commission (NCC) in 2022, including Elon Musk’s Starlink. This increased the overall number of ISPs to 238.
In contrast to mobile network operators (MNOs) like MTN, 9Mobile, GLO, and Airtel, these ISPs have a niche customer base that consists primarily of workplaces rather than a global customer base.
This explains why the aforementioned communications corporations have a far larger market share than dedicated ISPs.
Nevertheless, certain ISPs in the nation report awe-inspiring subscriber numbers each annual quarter. According to the Nigerian Communications Commission, there are ten of them listed below (NCC).
In 2009, the Nigerian Communications Commission (NCC) granted Spectranet a licence to advertise Internet services throughout Nigeria.
Spectranet strives to be a pioneer in the internet services industry and was one of the first Internet Service Providers to introduce 4G LTE internet service in Nigeria.
According to the most recent information available on the NCC website, this company had the most connected and active users out of all the ISPs granted licences by the Commission.
Although the company had 287,075 connected clients, there were 115,103 active customers as per last count. There were 626 places where the company has a point of presence in Nigeria.
Tizeti is utilising the abundant wireless capacity offered by Wi-fi and the falling price of solar panels to build a low CAPEX and OPEX network of owned and managed towers in order to provide competitive, client-friendly pricing for unlimited internet service throughout Africa.
3. Astramix Limited
Astramix Limited offers fast, dependable uninterruptible data and internet broadband.
The ISP is extending its markets and operational bases with Grade “A” companies as its sole suppliers of airtime, hardware, and technology in order to offer consistent connectivity, primarily to Nigeria’s business and private sectors.
As it acquired more clients, Astamix, which was ranked number 9 in the ISPs’ Q1 rankings, climbed to number 4. 15,040 consumers were linked as of Q3 2022, of which 15,040 were connected actively. The business had five locations.
In terms of total customers among Nigeria’s authorised ISPs, IpNX is in third place. The company, which provides cutting-edge, top-notch services to homeowners, small businesses, and corporations, is one of the nation’s fastest-growing ISPs.
IPNX, a pioneer and top Fibre-To-The-Home (FTTH) provider in Nigeria, had 18, 068 connected subscribers as of the third quarter of this year, with 13, 104 of those users being active. There are 54 places where it has points of presence.
5. VDT Communications
Using fibre optic and wireless communication infrastructure and access networks, VDT is a licenced private network service provider with a focus on connecting WAN and MAN links for businesses.
According to data from the NCC, VDT had 7, 294 active users and 12,767 connected subscribers as of Q3 2022.
6. Suburban Broadband Ltd
Next-generation multimedia service provider Suburban Broadband Ltd has fibre optic networks in Nigeria’s major cities.
Its offerings include solutions for connected homes, security, and utility management, as well as access to premium content, TV, Internet, and voice services via subscription.
There were around 4, 349 active users and 6, 354 linked clients for the business. Only 4 points of presence were present.
7. Cyberspace Network Limited
Cyberspace was established in 1995 and started operating the same year as a Nigerian company with 100% ownership.
The business set up its 4G LTE network architecture in 2014 with the goal of giving its clients 10 times greater speed, mobility, and security.
In the third quarter of 2022, there were 4,260 connected clients in Cyberspace, and each of them had an active subscription, according to the NCC database. There are 138 locations where the ISP can be found in Nigeria.
8. Cobranet Limited
Cobranet Limited, which was established in 2003, is regarded as Nigeria’s top Internet service and data provider. The business offers a dependable and secure Internet service as well as a data management solution for the online world to every segment of Nigerian society.
The company had 3,609 customers as of Q3 2022, and interestingly, every single one of them is active, giving it 100% customer activeness. The business was present in 84 places.
9. Radical Technology Network Ltd
Radical Technology Network Ltd has built a solid reputation among its clients as one of the most dependable ISPs in Nigeria by consistently delivering the highest levels of customer responsiveness and service quality.
As of Q3 2022, there were 1, 945 subscribers to the ISP’s service, and every single one of them was active. Six locations were covered by the business.
10. Dotmac Technologies Ltd
Diatomic Technologies Ltd. is a well-known Internet Service Provider in Abuja that uses Fiber to the Home Technology to provide broadband internet. We are a seasoned ICT firm with a broad range of services intended to enhance and optimise the services of our clients. We were established in 2008. The company had 1,968 subscriptions and 1,608 active users as of Q3 2022.
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