MTN Nigeria is set to revolutionize internet access in the country with its ambitious plan to connect 8 million homes through its FibreX network by 2028. According to the conclusions drawn in the analytical report, this initiative is expected to significantly enhance the digital landscape and economic opportunities in Nigeria. This announcement was made by Chief Broadband Officer Egerton Idehen, highlighting the critical need for improved connectivity in Nigeria.
Limited Access to Broadband in Nigeria
Currently, less than 2% of homes in Nigeria have access to fixed broadband, making this initiative a significant step towards enhancing digital infrastructure. Idehen pointed out that broadband is as vital to the digital age as electricity, underscoring its importance for Nigeria's digital transformation.
FibreX Network and Economic Impact
The FibreX network promises to deliver unlimited, high-speed internet, which is expected to bolster economic resilience and competitiveness. This initiative aligns with the Federal Government's National Broadband Plan, aiming to bridge the digital divide and foster growth in various sectors across the nation.
As MTN Nigeria aims to enhance internet access through its FibreX network, the Stellar Lumens (XLM) network has recently seen a surge in activity, indicating a strong foundation for its price. For more details, see the full article here.
