5.0 Industry Structure and Sub-Sectoral Profiles 5.1 Current Government Institutional Structure A Ministry of Communication Technology has been created recently, and the following Agencies were brought under its purview: Nigerian Communications Commission (NCC), National Information Technology Development Agency (NITDA), and Nigerian Postal Service (NIPOST). Two Limited Liability Companies that are wholly owned by Government - Nigeria Communications Satellite Limited and Galaxy Backbone Plc - have also been brought under the Ministry. The ICT Industry today comprises of the following distinct sectors as described below: 5.1.1 There Telecommunications has been tremendous telecommunications (telephony) advancement sector in in the Nigeria, development particularly of the since the commencement of mobile services using GSM technology in 2001. Nigeria in recent years has been adjudged as the fastest growing mobile market in Africa and one of the fastest in the world. The telecommunications sector is governed by the Nigerian Communications Act 2003 (NCA 2003), and The Wireless Telegraphy Act, 1990. The NCA 2003 affirms the Nigerian Communications Commission (NCC) as the independent regulatory authority for the telecommunications sector. The objectives of the regulator include: i. Creating an enabling regulatory environment to facilitate the supply of telecommunications services and facilities; ii. Facilitating the entry of private entrepreneurs into the telecommunications market; iii. Promoting fair competition and efficient market conduct among all players in the industry; and !"#$%&"'()*+(,%'$-.(/(0120( ( ( ,"34(27(