NCC, NBS Put Glo Ahead Of Others In Subscriber Acquisition | Independent Newspapers Limited
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NCC, NBS Put Glo Ahead Of Others In Subscriber Acquisition

Posted: Jun 25, 2015 at 12:02 am   /   by   /   comments (0)

The National Bureau of Statistics (NBS) has credited indigenous telecoms operator Globacom with driving the growth witnessed in the Nigerian telecommunications industry in the last twelve months.

According to figures released by the Bureau quoting the Nigerian Communications Commission(NCC)’s 2015 first quarter report, Globacom recorded the highest number of new subscribers in the country with 1.63 million telephone users in the country joining the network from May, 2014 to May, 2015 to bring its total subscribers figure to 30.03million.

It stated that the monthly growth rate in GSM subscriber figure since May 2014 averaged 0.95 per cent, with Globacom driving the growth.  NBS added that the greatest increase was recorded in December 2014 at 1.97 per cent and the lowest in July of the same year at 0.43 per cent.

“The growth in subscribers was mainly driven by Globacom, which recorded an average rate of 1.45 per cent over the period, closely followed by Etisalat with 1.37 per cent and Airtel with 1.29 per cent, while MTN recorded the lowest average monthly growth in subscribers at 0.44%,” the NBS noted in its report.

In terms of contribution to the economy, the report said the telecoms sector in real terms recorded a growth rate of 5.26 per cent in the opening quarter of this year with a contribution of N134bn to economic output.

The Bureau explained that annual growth in the sector averaged 46.29 per cent between 2002 and 2014, with the highest rate recorded in 2004 at 153.65 per cent, while the lowest rise of 8.53 per cent was recorded in 2011.

The greatest monthly growth rate of the four networks, according to the report, was recorded for Globacom in July 2014 in which the number of subscribers increased by 1.63 million or 6.37 per cent, while the lowest rate was recorded for Airtel with a total value of 436,260 or 1.72 per cent in July.