Elon Musk’s investment in Nigeria may soon send other non-indigenous investors out of the sector

There are strong indications that the Starlink satellite internet network, run by SpaceX, may compete fiercely with other telecommunications firms now active in the nation.

Elon Musk-owned SpaceX has already started operations in the country, even though the cost of purchasing the Starlink is as high as $600 and a monthly subscription of at least $40, bloggers and other content creators are still willing to spend that much only to guarantee a seamless surfing experience.

Due to Starlink’s incredible data speed, which is actually the first in the country, other internet service providers in the country may be forced out of business.

Why Nigerians may prefer Starlink to other internet service providers

According to the Starlink website, “Starlink is perfectly suited for regions of the world where connectivity has usually been a struggle.” Starlink, which is unrestricted by conventional ground infrastructure, is able to provide high-speed broadband internet in places where connectivity has previously been spotty or impossible.

Setting up a tiny satellite dish at your house to receive the signal and transfer the bandwidth to your router is all that is required to establish the connection. The business provides a number of mounting solutions for yards, rooftops, and the exterior of your home. Even a Starlink app for iOS and Android exists to assist users in choosing the ideal location and orientation for their receivers.

About the Starlink

Starlink is a satellite internet constellation operated by SpaceX, providing satellite Internet access coverage to 45 countries. It also aims for global mobile phone service after 2023. SpaceX started launching Starlink satellites in 2019.

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