BrandArena: Glo Leads in Subscriber Growth in NCC Report

Monday 3 August 2015

Glo Leads in Subscriber Growth in NCC Report

Telecommunications company, Globacom, has maintained its lead as the fastest growing network in a recently released analysis of the half-year report on the operations of telecom companies in the country.

The report on the website of the Nigerian Communications Commission (NCC) showed that Globacom garnered the highest growth rate of 5.86 per cent in the second quarter of 2015.

The network grew its subscriber base from 29,577,125 at the end of March to 31,256,677 at the end of June.

This performance, according to NCC’s latest report is consistent with Glo's impressive growth pattern since the beginning of the year as recorded by the regulator and other independent research groups.

Earlier in June 2015, the National Bureau of Statistics (NBS) had credited the telecoms network with driving the sectoral growth in the last 12 months.

The closest operator to Glo in the latest report is Etisalat which grew its network from 22,235,557 in the first quarter to 22,852,232 in the second quarter of the year. Etisalat averaged 3.42 subscriber growth in the second quarter.

Airtel placed third by growing its network from 28,680,757 in the first quarter to 29,564,766 in the second quarter, achieving a total of 3.08 percent subscriber growth rate in the second quarter.

MTN brought up the rear by recording the lowest growth rate of 2.72 percent. The operator grew its subscriber base from 61,149,397 in the first quarter to 62,813,111 in the second quarter.

The Bureau, which quoted NCC’s 2015 first quarter report, indicated 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.

It stated that the monthly growth rate in GSM subscriber figure since May 2014 average 0.95 per cent, with Globacom driving the growth.

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