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NCC: Telecom operators gets profits of 10.3 million subscribers in 6months

mercynasiru by mercynasiru
August 5, 2020
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The Nigerian Communication Commission (NCC). The active mobile subscriptions on the MTN, Globacom, Airtel and 9mobile networks has risen from 185,742,016 in January to 196,039,869 in June 2020.

This reports proves that 10.3 million active network users have been added within 6-months according to the analysis from the Nigerian Communications Commission on the subscribers uner the GSM category.

Globacom and Airtel got profits of 2.46 million and 818,346 new subscribers between January and June respectively.

Also, MTN added 8.06 million new users to its network in the 6 months under review.

9mobile lost 1.05 million subscribers from January to June 2020.

Nigerian Communications Commission (NCC)

49.99 million active mobile users was what Airtel started with by June it had 52.46 million subscribers on its network.

MTN’s subscriber digits increased from 70.69 million network users in January to 78.75 million subscribers in June.

In early this year by January, Globacom, which had 51.76 million subscribers had gained new ones to reach 52.57 million by the end of June 2020.

Also in January, 9mobile had 13,16 million phone users but it is the number of active subscribers dropped to 12.11 million by the end of June this year.

The four mobile network operators maintained their rankings at the end of June and market share with MTN leading the industry with the highest market share of 40.17 per cent.

Globacom ranked second and got 26.82% share of the market; Airtel ranked third with 26.76% and 9mobile with 6.18% market share.

The NCC statistics report showed that the telecom industry has gained a total of 14.96 million new users in 6 months from January to June.

By June ending, the statistics of industry indicated that the telcos’ Internet users had reached 143.32 million from 128.37 million subscribers in January.

MTN, in its six months financial report, stated that even though a change in traffic pattern during the novel Coronavirus lockdowns, it reported voice revenue growth of 2.8%.

The telecom company added that revenue from digital and fintech services rose by 121.8% and 29.6% respectively.

In the first half of the year, MTN said it achieved 6.8 million in net additions to connect over 71.1 million customers to its network and connected 3.8 million new users to the internet.

 

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Tags: NCCNigerian Communications Commission (NCC)
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