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Broadband Fibre-Optic-Cable

New 4.71m subscribers’ up broadband penetration by 2.47% to hit 37.87% in October

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Latest telecoms statistics rolled out by the regulator, the Nigerian Communications Commission (NCC), has indicated a leap by 2.47 percent between September and October with new 4.71 million subscribers.

The figure moved up from 67.5 million in September, to 72.3 million in October, thereby shutting penetration up from 35.4 to 37.87 percent.

Additional details form the newly released figure showed that activities in the voice segment saw about 1.2 million new users to the network, moving from 179.2 million to 180.4 percent within the period under review.

The Internet segment added 396,596 fresh users, a slight leap from 123.2 million to 123.6 million, showing that more subscribers actually explored the broadband channel for Internet services, which subsequently impacted the narrowband facility.

However, GSM remains the dominant technology in the market, following the dearth of CDMA linked to the hostile business strategy of GSM operators.

Performance of Main Network Operators (MNOs) within the period under review showed that MTN Nigeria with 65.9 million subscribers, currently controls the mega chunk of the market with 36.6 percent as indigenous Globacom is second with 27.9 percent share on 50.3 million subscribers.

Airtel Nigeria followed with 27.3 percent share and 49.1 million users, while 9Mobile moved up with 8.21 percent market share and 14.8 million customers.

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