Nigeria: Elon Musk’s Starlink to start trading in August

(Ecofin Agency) – Nigeria is the largest telecommunications market in Africa. This high-potential market is attracting foreign investors in the face of high demand for broadband connectivity and accelerating digital transformation.

After receiving the approval of the Nigerian authorities, the Starlink satellite Internet network of the American company SpaceX will begin to officially provide its services in Nigeria from August. This was announced by the billionaire of South African origin Elon Musk in his post on the social network Twitter on Sunday, July 24.

The use of the Starlink satellite Internet service is possible subject to the purchase of a starter kit and a monthly subscription. The price of a kit with all the necessary equipment is $99, according to the company’s website. The cost of a monthly subscription has not yet been disclosed. This price is significantly lower than the cost of the bundle in the US, where it costs $599, in addition to the monthly subscription, which costs $110.

In May 2021, Starlink began searching the Nigerian telecommunications market as part of its expansion into the African continent, where demand for high-speed connectivity has increased, especially due to Covid-19. The license was also intended for South Africa and Zimbabwe among other markets.

Finally, a year later, Starlink was able to reach an agreement with Nigerian Communications (NCC), which granted it two licenses. These are an international gateway license and an Internet Service Provider (ISP) license with a validity period of 10 and 5 years, respectively. The company will use them to provide high-speed Internet connectivity through its satellite constellation of approximately 2,000 devices orbiting the Earth.

With the official launch of its operation in Nigeria, Starlink will be able to provide broadband access to the entire population of Nigeria, even those living in the most remote and landlocked areas. The company is also expected to contribute to the Nigerian government’s goal of 90% broadband coverage by 2025 as part of the digital transformation. However, these ambitions may be hindered by the cost of services, which is beyond the reach of the average Nigerian, especially if they live in rural areas.

Isaac K. Kassoui

Read also:

05/30/2022 – Nigeria allowed Elon Musk’s Starlink to provide Internet services

03/15/2022 — The Eritrean diaspora calls on Elon Musk to deploy Starlink in their country, as in Ukraine

02/25/2022 — Starlink receives license in Mozambique and begins expansion in Africa

05/10/2021 — SpaceX is negotiating an ISP license in Nigeria.


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