| Nigeria has in deed recorded the fastest growth in telecom development in Africa since the deregulation of the telecom sector in 1992. The sharp increase from about 500 telephone lines in 1999 to about 25 million telephone lines in 2006 can only be described as revolutionary and unprecedented in the history of telecommunication development in Africa.
Even at this pace of development, Nigeria is still under-served considering a national population of about 150 million people. The fact still remains that there are greater number of people who are not yet connected with telephone services in most parts of the country. One can then conclude that more investments are still required to further expand the networks and extend telecom services to those areas that are not yet connected.
ATCON, since year 2004 designed the Nigerian Telecom Investment & Finance Forum as a platform for examining investment potentials in the Nigerian telecom sector with a view to encouraging local and foreign investors to participate in the development of the sector for all it is worth.
The forum enables strategic top level Executive Networking amongst players and stakeholders in the telecommunications, banking and finance as well as other vibrant commercial sectors; multinational financing and funding institutions; international development agencies; and foreign telecommunications companies wishing to establish their presence in the very active telecommunications market in Nigeria.
Other key participants in the forum include Ministers of Communications, Finance, Science & Technology, etc; the Central Bank Governor, State Governors, Executive Vice Chairman of the Nigerian Communications Commission, Director-General of the Nigerian Stock Exchange, potential investors, members of foreign diplomatic mission, high networth individuals and the mass media amongst others.
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