Legend

What Legend does

Legend Internet Plc is a Nigerian telecommunications and digital services company incorporated in 2021 and headquartered in Abuja, listed on the Main Board of the Nigerian Exchange (NGX) since April 2025 via listing by introduction. The company operates a fiber-to-the-home (FTTH) and fiber-to-the-room (FTTR) broadband network — including what it claims to be the first commercial FTTR deployment in Nigeria, delivered in partnership with Huawei — alongside a WiFi hotspot network covering 15+ districts across Abuja and an emerging footprint in Lagos via property-developer partnerships.

The product portfolio extends well beyond pure connectivity into a bundled digital ecosystem. Core revenue streams include monthly recurring fiber subscriptions (Dual Play 40 Mbps at ₦27,000, Triple Play 80 Mbps at ₦42,000, Triple Play X 150 Mbps at ₦84,000, and an enterprise 300 Gbps tier), WiFi hotspot access passes, and installation fees. Beyond connectivity, Legend operates LegendPay (a super-app enabling airtime, bill, bank and merchant payments), LegendMail (an ad-free email service with 20GB Legend Vault cloud storage), MailPay (an email-address-based payment rail — claimed as a Nigerian first), Legend Voice (VOIP bundled into plans with 300 minutes), and the MyLegend AI-supported customer app. Enterprise revenue is anchored by FTTR deployments to property developers, with Royal Gardens Estate (Trojan Estates, Lagos) cited as Africa's first fully FTTR-enabled residential community.

The go-to-market is primarily direct-to-consumer via the get.legend.ng website, the MyLegend app, and WhatsApp support, supplemented by an enterprise field-sales motion targeting MDUs and estates. Legend monetizes through subscription recurring revenue (fiber plans, WiFi monthly passes), transaction fees (fintech, TV pay-per-view), and one-time installation/license fees. The business is in an aggressive expansion phase: shareholders approved a N150 billion capital raise in November 2025 to fund nationwide expansion and acquisitions, the company completed a N10 billion Commercial Paper program oversubscribed 199.7%, and a proposed merger with Spectranet Limited (combined market cap N80 billion) is targeted to close in Q2 2026 pending FCCPC and NCC approvals. FY2025 revenue was N1.19 billion with N172.6M profit after tax, though H1 ended January 2026 swung to a N99.34M loss against N3.25B in capex.

Name

Legend

Legal name

Legend Internet Plc

Website

http://www.legend.ng

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Legend Internet Plc is a publicly listed Nigerian ISP headquartered in Abuja, offering fiber-to-the-home and fiber-to-the-room broadband alongside a bundled fintech super-app, email service, and WiFi hotspot network serving residential subscribers and property developers.

Ownership category

akta.pro rank

Product category

Fiber Broadband and Digital Lifestyle Services

NAICS

Telecommunications (517)

SIC

Cable & Other Pay Television Services (4841)

akta.pro primary industry

Fiber-to-the-Premises (FTTP/FTTH) Broadband Providers (HDAIABAC)

akta.pro secondary industry

Fiber ISPs (FTTH/FTTP Retail Providers) (HDAIADAE)

Keywords

• Fiber broadband services
• Digital payments platform
• Internet service provider
• Wifi hotspot access
• Fintech super app

Headquarters

HQ city

Abuja

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales

Revenue model

1. Fiber Internet Subscriptions: Monthly recurring subscription fees for fiber broadband plans ranging from dual play to triple play X packages with speeds up to 300Gbps. Subscriptions include unlimited internet, Legend WiFi zones access, VOIP minutes, Legend PAY, and Legend Reward points.
2. Legend WiFi Hotspot Access: Pay-per-use WiFi hotspot access through Legend Zones across Abuja, with pricing for daily, weekly, and monthly access passes.
3. Legend Pay / Fintech Services: Digital payment services including airtime/data purchase, DSTV and StarTimes payments, AEDC electricity bill payments, bank transfers, wallet-to-wallet transfers, and merchant payments. Earns transaction fees and float income.
4. MailPay Email-Powered Payments: Email-address-based payment transfers integrated into LegendMail, with no transaction fees during launch phase for early adopters.
5. Installation and Setup Fees: One-time setup fees for fiber network installation includingONT device and home WiFi node. Set-up fees may be waived for Multi-Dwelling Units.
6. Legend TV Box Office: Pay-per-view access to television content with 8-hour viewing window following purchase. Purchases are non-refundable.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Legend Internet Plc provides high-speed fiber-to-the-home (FTTH) and fiber-to-the-room (FTTR) broadband internet services in Nigeria, with plans ranging from 40 Mbps to 300 Gbps enterprise speeds. The company bundles its fiber subscriptions with integrated digital lifestyle services including LegendMail (proprietary secure email), MailPay (email-powered payments), LegendPay (super app for airtime, bills, bank transfers and merchant payments), Legend WiFi hotspot access, and Legend Voice VOIP service.

Product overview

Legend is a unified digital lifestyle platform offering interconnected products across broadband and fintech. The core offerings include Legend Fiber (high-speed fiber internet up to 1Gbps), LegendMail (secure ad-free email with cloud storage), LegendPay (super app for payments, shopping and transfers), Legend WiFi (hotspot network across Abuja), Legend Voice (VOIP calling), MailPay (email-based payments), and Legend Omni/FTTR (full-home fiber coverage). These products are designed to work seamlessly together within the Legend ecosystem, enabling customers to access connectivity, communication, payments, and support from a single platform.

Differentiator

Problem solved

Functional benefit

Brands

• Legend Fiber: Fiber-to-the-Home (FTTH) and Fiber-to-the-Room (FTTR) broadband internet services
• LegendMail
• LegendPay
• Legend WiFi
• Legend Voice
• MailPay
• MyLegend
• Legend Omni

Products and services

• Legend Fiber Ultra-fast fiber optic-enabled internet service for Nigerian homes and businesses, supporting multiple devices simultaneously with unlimited data and speeds up to 1Gbps for residential and 300 Gbps for enterprise customers.
• LegendMail Nigeria's first locally developed secure, ad-free email service with 20GB cloud storage via Legend Vault, integrated with MailPay for email-based payments.
• LegendPay Super App All-in-one super app for airtime/data purchase, DSTV and StarTimes payments, AEDC electricity bill payments, bank transfers, wallet-to-wallet transfers, and merchant payments.
• Legend WiFi High-speed WiFi hotspot network across multiple Abuja locations offering pay-per-use daily, weekly, and monthly access passes to Legend Zones.
• Legend Voice VOIP service providing crystal-clear calls with hundreds of minutes available for local and international calling, included in Triple Play packages.
• MailPay Nigeria's first email-powered payment solution integrated into LegendMail, enabling instant money transfers using only an email address without requiring bank details.
• Legend Omni (FTTR) Premium Fiber-To-The-Room (FTTR) solution delivering full-home fiber coverage with zero lag, extending pure fiber optic connections into every room for seamless gigabit-speed internet in partnership with Huawei.
• MyLegend App AI-powered all-in-one customer support app enabling subscription management, complaint tracking, service status monitoring, and access to live agents 24/7.

Quantifiable outcome

• Up to 300Gbps fiber speeds available
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature6 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Trojan EstatescoreStrategic or Co-development Partner · 3 December 2025Partnership to deploy Fibre-To-The-Room (FTTR) technology in Royal Gardens Estate, Lagos, making it the first fully FTTR-enabled residential community in Africa. The project aims to improve connectivity and enable smart-home features, positioning the estate as a leading example of digital luxury living.
• Spectranet LimitedflagshipStrategic or Co-development Partner · 3 October 2025Proposed merger to create one of Nigeria's largest internet service providers with combined market capitalization of N80 billion. The transaction has received board and shareholder approvals and is pending regulatory clearance from FCCPC and NCC. Expected to close in Q2 2026. The merged entity will integrate fiber and wireless technologies to enhance network capacity, improve operational efficiency, and extend coverage across key urban areas.
• Huawei TechnologiescoreTechnology or Integration · 6 May 2025Strategic technology partnership for Fiber-To-the-Room (FTTR) deployment in Nigeria. Huawei provides cutting-edge fiber optic and smart home technology to support Legend in deploying state-of-the-art FTTR infrastructure. The collaboration aims to accelerate broadband infrastructure development and position Nigeria as a digital leader in Africa.
• APT SecuritiescoreChannel Partner/ Reseller/ Distributor · 24 April 2025Issuing house facilitating stock purchases for investors wanting to buy Legend Internet PLC shares. Investors can open accounts through APT Securities online platform to become Legend shareholders.

Scale indicators13 records

Recent moves8 records

Expansion highlights8 records

Direct peers

• ipNX Nigeria: Established Nigerian fiber-to-the-home and business connectivity provider operating across Lagos, Abuja, and other major cities; competes directly with Legend in the FTTH segment with comparable premium positioning.
• Tizeti: Nigerian internet service provider focused on solar-powered WiFi hotspots and last-mile wireless broadband across Lagos and other West African cities; competes with Legend's WiFi Zones product in the underserved-consumer segment.
• Swift Networks: Nigerian ISP providing broadband internet, VoIP, and enterprise connectivity services in Lagos and surrounding regions; another Tier-2 fiber ISP peer competing for the same SME and residential segments as Legend.
• Spectranet Limited: Nigerian ISP offering fiber and 4G LTE wireless broadband to residential and enterprise customers; Legend's proposed merger target and closest like-for-like competitor in the Nigerian fiber broadband market.
• 21st Century Technologies: Nigerian broadband and network infrastructure provider serving enterprise and residential customers with fiber and wireless connectivity; a Tier-2 ISP peer to Legend in the Nigerian connectivity market.

Broad incumbents

• Airtel Nigeria: Major Nigerian mobile network operator expanding into home broadband via Airtel Africa's home connectivity portfolio; a large incumbent with bundled mobile-broadband offerings that can undercut standalone ISPs like Legend.
• Main One Cable: Submarine cable operator and wholesale connectivity provider in West Africa with a broader enterprise and carrier customer base; an incumbent infrastructure player overlapping with Legend at the wholesale/fiber backhaul layer.
• MTN Nigeria: Largest mobile operator in Nigeria and parent of MTN GlobalConnect's expanding FTTH business; a broad incumbent entering fiber broadband with substantially greater financial and customer-base resources than Legend.
• 9mobile (formerly Etisalat Nigeria): Nigerian mobile operator with a smaller but still significant subscriber base that has been expanding fixed broadband offerings; an incumbent telecom peer with overlapping connectivity ambitions.

Others

• IHS Towers: Tower infrastructure and emerging fiber operator across Africa; comparable as an enabling infrastructure peer rather than direct ISP competitor, but relevant given the shared fiber-rollout thesis in Nigerian broadband.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ExploreLegend
• Instagraminstagram.com/LegendSupportHQ
• Facebookfacebook.com/ExploreLegend
• LinkedInlinkedin.com/company/legend-internet-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Legend