Nigeria targets 30 per cent broadband penetration by 2015 ICT industry has been described as “viable”.
Group executive and vice president of Netcom, Yen Choi, said that the quality of services has drastically improved. He said in the earlier years, there was a big deficiency in terms of infrastructure and what was available on the ground.
Since then, there was greater access to service providers, carriers who have fibre optic cables and a lot more solid infrastructure of towers.
“We have better logistics, better talent in all aspects of the business," he said.
Netcom currently provides an internet speed of 12.19 megabytes per second. Fibre optic networks are the main enabler for improved services.
“[When] we bring fibre optics [closer] to the end customers as possible, the bandwidth also increases,” he explained.
Choi admits that internet access can be expensive, however it is a matter of perspective. In Nigeria, the cost of taking bandwidth capacity from the coast to inland is more expensive than taking the capacity from London to the West African coutry which is just 8000km.
“The price of bandwidth per gigabyte, has drastically reduced over the last five years in Nigeria,” he said. Choi believes that this trend will continue because the adoption of end-user capacity and use of the internet is what grows the market.
Choi echoed Nigeria’s current crisis saying that their current challenge is electricity.
“It is very expensive for our supplier, and our partners and it’s very expensive to do business so as a result those costs trickle down into the consumer end-user price.”