The Top 10 Internet Service Providers in Nigeria in 2024

The adoption of ISPs is yet to reach the expected threshold as its subscriber base has failed to match that of the MNOs
As of Q4, 2023, the NCC database had a total of 245 licenced ISPs but just 106 ISPs had active customers as of the period under review.

The ISP market in Nigeria is currently struggling to stay afloat due to competition from the Mobile Network Operators (MNOs) like MTN, Airtel, Globacom and 9mobile. This has been evident in the noticeable drop in the ISP license renewal rate in Nigeria over the years

As at 2022, about 568 ISP licensees were inactive.

Top 10 internet service providers in Nigeria

This rating covers the top 10 Internet Service Providers (ISPs) based on subscriber base in 2024:

1. Spectranet
Spectranet led the list of internet service providers with the highest subscriber base at 113,869.

Spectranet was awarded a license by the NCC in 2009 and was among the first ISPs to launch 4G LTE internet service in Nigeria.

2. FiberOne Broadband Ltd
FiberOne Broadband Ltd came in second position with 27,000 active subscribers.

Founded in 2017, the company prides itself as the largest Fiber to the Home (FTTH) premium broadband provider in Nigeria.

3. Starlink Internet Services Nigeria Ltd
Starlink Internet Service Nigeria Ltd is operated by SpaceX and was launched in Nigeria in January 2023. It currently provides coverage to over 71 countries. Starlink came in third place and has 23,897 active subscribers across Nigeria

4. Tizeti Network Ltd
Tizeti provides high speed broadband internet to Residences, businesses, Events, Conferences and had 19,618 active subscribers as at Q4 2023 making it the fourth highest subscribed ISP in Nigeria.

5. ipNX Nigeria Ltd
ipNX Nigeria Ltd is a leading Fibre-To-The-Home (FTTH) operator in Nigeria, and currently accounts for 15,362 active subscribers making it the fifth most subscribed ISP in Nigeria.

6. Broadbased Communication Ltd
Broadbased Communication Ltd delivers an all Packet Transmission Network (PTN) and an OPEN ACCESS Metro Fiber Network Solution to its numerous customers across the country. With 7,073, BBT comes in sixth position as the most subscribed ISP in Nigeria.

7. VDT Communications Ltd
VDT Communications Ltd provides leased Fiber Optic trunks to corporate organisations across the 36 states in Nigeria and the FCT. It has 6,310 active subscribers.

8. Ngcom Ltd
Ngcom Ltd is licensed by the Nigerian Communications Commission (NCC) and came in eighth position with 4,939 active subscribers.

9. Cyberspace Network Ltd
Cyberspace Network Ltd in 2014, introduced 4G LTE network infrastructure bringing more Speed, Mobility, Security to its customers. According to the NCC data, the company had 3,935 active subscribers in Q4, 2023.

10. Radical Technology Network Ltd
The company now known as Coollink.ng is one of the most reliable ISPs in Nigeria. As of Q4, 2023, the company with presence in Lagos, Abuja, Port Harcourt, Kano, and Onitsha had 3,673 active observers.

The adoption of ISPs is yet to reach the expected threshold as its subscriber base has failed to match that of the MNOs.

The four top MNOs (MTN, Airtel, Globacom, and 9mobile) have a combined active internet subscription base of 163.8 million while the 106 ISPs only recorded 262,206 active subscriptions.

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