Telecommunication is very essential to the growth of any modern economy. Formulating the right policies to regulate the human, technological, infrastructural and economic landscape of the telecommunication industry holds the key to the growth of the industry. Telecommunication and its regulation in Nigeria have come a long way passing through various phases of development that is however connected with the various political phases of the nation. The deregulation of the telecommunication industry in Nigeria opened up a competitive environment in the telecommunication industry and caused a major socio-economic boost in the industry and the entire nation. Although there has been some improvements, there are still various issues that the telecommunication industry and its regulation in Nigeria still grapple with. This book examines the developmental stages of telecommunication and its regulation in Nigeria and assesses the regulatory structure of the industry in line with modern ideal regulatory expectations. This book identifies some issues that plague the industry and suggests factors that will enhance the growth of the telecommunication industry and its regulation.