Mobile TelecomWhen the Nigerian Communications Commission (NCC) licensed the first two Mobile Network Operators (MNOs) 20 years ago, no one envisaged how revolutionary that decision would be. Two decades after that strategic action, Nigeria continues to reap the benefits.
The Global System for Mobile (GSM) telecommunication technology has become an essential tool for economic, political, and social interactions among different professions, classes, and statuses. It has also helped bridge the communication gap between urban and rural dwellers, create jobs, and enabled faster business transactions through the Internet.
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There has also been significant growth in innovations, with technology hubs springing up in major city centres across the country. Commendably, the ICT sector contributed 12.45 per cent of the country’s GDP as of Q4 of 2020.