MTN retains top spot as mobile subscriptions reduce by 0.07%

The general drop of about 145,026 in August indicated a 0.07% decline.

A new report from the Nigerian Communications Commission (NCC) has shown that the volume of active mobile subscriptions dropped from 220.86 million in July 2023, to 220.71 million in August 2023.

The general drop of about 145,026 in August indicated a 0.07% decline.

As of January 2023, the total number of mobile subscriptions stood at 225.88 million and continued declining to 220.93 million as of May 2023.

Although there was an increase in the number of subscriptions in February 2023 as the numbers hit 226.84 million, the numbers continued its free fall for three consecutive months from March till May.

Active subscriptions further slipped by 0.5% to 219.7 million in June 2023, compared to 220.9 million, recorded in May 2023. It further increased by 0.4% to 220.5 million in July.

Broadband penetration also dropped from 47.01% in July to 45.57% in August due to the decline in mobile subscriptions.

Although MTN retained its position as the largest operator by subscriber base, a 335,744 decrease in the number of MTN subscribers influenced the drop in the overall industry numbers.

MTN’s total active subscriptions dropped from 85.3 million in July 2023, to 85 million in August 2023.

The second largest subscriber base, Globacom hit an overall subscription of 61.39 million after gaining 38,015 new subscribers in August.

Airtel added 85,139 new subscribers in the month under review to retain its place as the third-largest subscriber base. Airtel subscribers increased from 60 million in July, to 60.1 million in August while 9mobile subscribers increased from 13.75 million in July, to 13.79 million indicating an addition of 36,543 new subscribers.

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