Business
Glo retains position as preferred network for new subscribers
Globacom has retained its position as the preferred network for new telephone subscribers in Nigeria.
According to the latest report by telecommunications industry regulator, Nigerian Communications Commission (NCC) published on its website, Globacom added a massive 2,103,721 million new customers in July to take its subscriber base to 58,330,200 from 56,226,479 the previous month.
This represents 83% of the total 2,523,276 new phone users recorded in the country in July.
MTN came a distant second with 392,440 new subscriptions in July, while Airtel was third with 90,955 new customers. However, 9mobile recorded a loss of 63,840 subscribers as its base fell from 12,659,356 in June to 12,595,516 in July.
The report by the commission also revealed that the total number of subscriptions to telecommunication services across the mobile networks of MTN, Glo, Airtel, and 9mobile rose to 208.6 million during the period under review. The corresponding figure for June was 206 million.
READ ALSO: Globalcom creates more channels for customers to link SIM cards to NIN
The country’s teledensity, which measures the number of active telephone connections per 100 inhabitants living within an area, also rose from 108.15 percent in June to 109.47 percent in July 2022.
So far this year, the mobile network operators have gained a total of 13.5 million new subscribers, with the number of phone users in the country rising from 195,128,265 at the end of December 2021, to 208,604,996 at the end of July 2022. This is a departure from last year when the operators lost close to 20 million subscribers due to the ban on new SIM registration.
The NCC report shows that Globacom has played a significant role in leading this growth. Its remarkable performance in the industry is believed to be a result of the continuous network upgrade and extension of 4G data coverage to more cities across the country.
The company which turned 19 on August 29th also offers subscribers innovative products with unmatched value.
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