Legend Internet to Merge with Spectranet, to Complete Deal in Q2

Legend Internet PLC and Spectranet announce strategic merger to transform Nigeria’s broadband market

Legend Internet PLC, a Nigerian broadband operator listed on the Nigerian Exchange Limited (NGX), today announced that it is in the advanced stages of a merger with Spectranet , one of Nigeria’s most established internet service providers. The transaction is expected to be completed in Q2 2026. In a corporate disclosure statement signed by […]

Legend Internet to merge with Spectranet, to complete deal in Q2

Legend Internet Plc has announced plans to merge with Spectranet Limited in a move aimed at expanding broadband infrastructure and strengthening their position in Nigeria’s telecoms market.   In a notice signed by Erinma Onuoma, company secretary, on Monday, to Nigerian Exchange Limited (NGX) and shareholders, Legend said the proposed transaction will combine the businesses and operations of both companies under a unified corporate structure.   …

Legend Internet to merge with Spectranet in broadband push

Legend Internet Plc, Nigeria’s first publicly listed internet service provider, plans to merge with Spectranet, Nigeria’s largest ISP by subscribers, in a deal that signals a new wave of consolidation as competition intensifies in the broadband market. The proposed transaction, disclosed in a regulatory filing to the Nigerian Exchange (NGX) on Monday, will see both companies combine their businesses under a unified corporate structure. The deal …