Starlink, now Nigeria’s second largest internet service provider, delays tariff hike
- Starlink overtook FiberOne Broadband Limited to become Nigeria's second-largest ISP in Q4 2024.
- Starlink's subscriber base surged from 23,897 in 2023 to 65,564 by the end of 2024.
- Spectranet remains the market leader despite a decline in subscribers from 113,869 to 105,441 in Q3 2024.
Starlink's rapid growth in Nigeria highlights a significant shift in the broadband landscape, driven by consumer demand for reliable internet. However, the company's ability to sustain this growth will depend on its response to regulatory challenges and its efforts to enhance mobile connectivity. The pricing strategy will also be crucial, as it must balance profitability with accessibility to maintain its competitive edge.
