MainOne: West Africa’s internet connectivity giant meets its match
MainOne CEO, Funke Opeke and Facebook CEO, Mark Zuckerberg.

A few weeks ago, Nigeria’s telecoms regulator, the Nigerian Communications Commission (NCC) announced that six companies will be required to submit their annual financial statements. 

The NCC said that this would help maintain healthy competition in the telecoms sector.

Four of those companies came as no surprise. There is little doubt that the quadruplets of MTN, Airtel, Globacom and 9Mobile are four of the most important companies in the sector. These are consumer-facing businesses and the vast majority of Nigerians enjoy services from one of them. 

The fifth company, IHS Nigeria, is not customer-facing but is known to anyone who has walked past a telecoms mast built, maintained and branded by IHS.

The last company, MainOne Cable Company, operates mostly as a business-to-business company (i.e transacts with businesses, not consumers). 

The company was created in 2008 to provide faster internet speeds in Nigeria. It constructed fibre optic cables to transport

Don’t limit your understanding. Join the Premium community to continue reading.

Osato Guobadia

Osato Guobadia

Read Latest

Nigeria’s future depends on international trade

PREMIUM - 18 SEP 2020

What happens when you invest in Nigeria

PREMIUM - 17 SEP 2020

Nigeria’s shaky power problem

PREMIUM - 16 SEP 2020

Nigeria’s costly rural road deficit keeps millions stuck

PREMIUM - 15 SEP 2020