VENTURES AFRICA – Nigerian Communications Satellite Limited (NIGCOMSAT) has invested in VT iDirect’s new iDirect Series 15100 Universal Satellite hub, the investment is meant to facilitate the deployment of an Evolution-based service to capture the growing broadband market in Nigeria. This was announced by VT iDirect Incorporated on Monday.
VT iDirect, a global leader in IP-based satellite communications technology, said its iDirect Evolution platform will aid NIGCOMSAT’s existing VSAT solutions in the areas of military and governance. The investment will also enable the company to pursue new opportunities in business and education.
Through iDirect Evolution platform, NIGCOMSAT can deliver cheap and easily deployable internet service to end-users throughout the entire West African sub-region.
Furthermore, NIGCOMSAT will be able to make broadband connectivity available to users in remote communities, thus ensuring that rural dwellers also have access to economic and social benefits of broadband connection.
In addition, NIGCOMSAT will utilize iDirect’s scalable platform through which it will keep pace with rapid broadband growth in Nigeria.
In his comment, NIGCOMSAT’s Managing Director and Chief Executive Officer, Engr. T. Ahmed-Rufai, noted the investment is part of NIGCOMSAT’s targets for the future.
“We believe that high-speed Internet has the potential to transform the Nigerian economy, hence our partnership with iDirect to deploy a satellite network that affordably supports increasing broadband penetration in the region,” he said.