After months of negotiation, Elon Musk has revealed his telecommunication company, Starlink has received approval to operate in Nigeria Starlink’s global reach as the company has spent between $5 billion and $10 billion to launch thousands of satellite.
Elon Musk’s company will now challenge already established MTN, Airtel, 9mobile and the other registered Internet Service Providers for market share.
World Richest man, Elon Musk on Friday, 27 May revealed that after months of negotiation his company, Starlink has been approved to operate in Nigeria by the Federal government.
Musk’s Starlink is a satellite internet constellation operated by SpaceX, providing satellite Internet access coverage to 32 countries where its use has been licensed. It is expected that Starlink provides high-speed, low-latency broadband internet across the globe. Within each coverage area, orders are fulfilled on a first-come, first-served basis.
According to NCC, the International Gateway license has a 10-year tenure while the ISP license is to last for five years. Both licenses take effect from May 2022 and may be renewed after the expiration.”
Types of licence
Musk Starlink will operate under the Internet Service Provider (ISP) category and will be trading as Starlink Internet Services Nigeria Ltd.
Starlinks benefits
Starlink promises to bring high speeds and latency as low as 20 minutes in most locations, Starlink enables video calls, online gaming, streaming, and other high data rate activities that historically have not been possible with satellite internet. Users also have the option to take Starlink with them via the Portability feature or Starlink.