Business Briefs
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GLOBACOM has maintained its lead as the fastest growing network in Nigeria, according to a recent released analysis of the half year report on the operations of telecom companies in the country. The report, which was posted on the website of the Nigerian Communications Commission, NCC, shows that Globacom garnered the highest growth rate of 5.86 percent in the second quarter of 2015.
The number of its customers increased from 29,577,125 at the end of March to 31,256,677 at the end of June. Etisalat emerged the second fastest growing network, moving from 22,235,557 in the first quarter to 22,852,232 in the second quarter of the year. Etisalat averaged 3.42 subscriber growths in the second quarter.
Etisalat was closely followed by Airtel, which grew its network by three percent from 28,680,757 in the first quarter to 29,564,766 in the second quarter which ended in June, 2015. MTN Nigeria, which is biggest operator in the country by subscriber number, followed the growth trend by recording 2.72 percent. It moved from 61,149,397 in the first quarter to 62,813,111 in the second quarter.
The latest report shows consistency on the part of Globacom. Early in June this year, the National Bureau of Statistics, NBS, credited the company with driving the growth witnessed in the Nigerian telecommunications industry in the last 12 months. The Bureau quoted NCC’s 2015 first quarter report indicating that Globacom recorded the highest number of new subscribers in the country with 1.63 million telephone users joining the network from May, 2014 to April, 2015 to bring its total subscribers’ figure to 30.03 million.
Also in June, NCC revealed that Glo gained the highest number of internet users in April with over a million new internet users on its network.
— Aug 24, 2015 @ 01:00 GMT
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