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Internet Solutions invests $11m in Nigeria, plans more

By Prince Osuagwu
Frontline Internet and communications service provider, Internet Solutions, last week announced that it has invested well over $11m in the Nigeria ICT sector, even as it still plans more massive investments to gain the heart of the market.

Speaking to journalists in a media interactive session in Lagos, Derek Wilcocks, Managing Director of Internet Solutions, said that for public and private sector organisations a new technology “S_curve” is on the cards. “From 2010 and beyond we will really begin to see rapid and simultaneous incremental developments coming and businesses have to adjust to take advantage of these.”

“Key dimensions that will affect how businesses manage their information are areas like content where the sheer volume and incredible richness of information is changing the shape of the Internet itself, forcing organisations to rethink everything; collaboration and community which involves blogging and social media, companies have to take online communities more seriously; commerce on the internet has exploded with Africa and Nigeria leading the world in areas like mobile banking and cloud providing infrastructures, platforms and applications in a flexible and on_demand manner is at the heart of the future business strategies of giants and start_ups alike” he added.

Speaking in the same vein, Steve Herridge, Managing Director of Internet Solutions West Africa, indicated that Internet Solutions is already responding to these trends in order to more effectively meet clients’ requirements by investing even more in the Nigerian and West African market. “We are very keen to introduce innovative and relevant services to the Nigerian market that are already being deployed in other parts of the world. Our MPLS VPN (Virtual Private Network) service using our cloud capabilities are already available to the Nigerian business and other services like the WebEx a unified conferencing and content sharing collaboration tool are already well on their way to being deployed later this year.’

Herridge concluded that all of these investments demonstrate Internet Solutions commitment to the Nigerian and West African market and most importantly to assisting local Clients to take advantage of the global trends stemming from digital content, online collaboration, online communities, electronic commerce, and cloud computing. “It is our belief that the Nigerian market offers a lot of value to the investor looking to operate within the African telecommunications market. We know that the market penetration of Internet Access in Nigeria will continue to grow and we are positioning ourselves to be prepared for the world beyond just mere connectivity.”


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