5G, Fintech Innovation, To Drive Nigeria Telecom Sector in 2023

SHALOM OLALEYE

Industry experts have predicted that the full deployment of 5G network, Fintech innovation across Nigeria and the implementation of the Startup Act, will further drive technology skills development and data application among others in 2023.

The indices will be the determinant factors that will further deepen the growth of the telecom sector in 2023.  

Chairman, Association of Licensed Telecom Operators of Nigeria (ALTON), Gbenga Adebayo, speaking on the benefits of the 5G innovation said,

Chairman, Association of Licensed Telecom Operators of Nigeria (ALTON), Gbenga Adebayo

“The full rollout of 5G services across the country in 2023 will further drive development in the telecom sector. We expect that telecom networks will be a lot more stable in 2023, because most sites that were running on radio links are now being commissioned and re-connected to fibre optic backbone infrastructure, which will bring about better resilience and better service quality.

“Broadband coverage will also further increase in 2023 and provide more connectivity access to people, even though affordability of broadband access may be a challenge to most people in 2023.”