Internet of Things (IoTs) would be difficult to achieve without adequate technology infrastructure to power constant connectivity.
Mr. Jim Ovia, chairman, Zenith Bank Plc, who is also the founder Jim Ovia Foundation said this on Wednesday at the Digital Africa conference and exhibition 2016 organised by Digital Africa Global Consult in Abuja.
He further said that some of the devices will be dead equipment by now. Connectivity is very important and without it, internet of things or internet of everything cannot take place. “I wouldn’t say that connectivity is the most important thing, but it is extremely very important”.
“In some of this connectivity you need it by way of broadband or by way of fibre optics to give you the broadband or may be a wireless. Or maybe the spectrum of between 700-800 MGHz that gives you the broadband speed that you need today, and so you can now understand why Visafone eventually sold its network to MTN.”
He attributed the lack of efficient broadband required for speedy telecommunications service as one of the reasons Visafone was sold to MTN, South African telecommunications firm.
MTN Nigeria acquired Visafone in January, a move MTN said was in line with a continued commitment by the telecom giant to improve the quality of broadband services for its subscribers.
She said the acquisition, which sought to leverage resources for service enhancement, was also reflective of the company’s concerted efforts to deepen the growth and roll out of broadband services across the country.
According to her, the acquisition of the CDMA network was in support of the National Broadband Plan, for the benefit of Nigerians.
He appealed to policymakers to ensure that Nigeria is not left behind in the technological development of the future, adding that during the great industrial revolution, Africa was left behind.
Ovia added that the present technology that enables economy to flourish is so pervasive that nobody can be restricted as students can now have access to information like their counterparts in South Africa, Russia and other places in the world.
