Thursday, December 9

Tag: Subscribers Identification Module

NIN: TELCOs Record 11.8 Million Loss Of Internet Subscribers In 4 Months
Business

NIN: TELCOs Record 11.8 Million Loss Of Internet Subscribers In 4 Months

Broadband penetration in Nigeria has been on a free fall since November last year. According to the recently released industry stats, broadband penetration fell to 42% in February, its lowest in the last 6 months. The drop was compounded by the reduction in subscriptions caused by the Nigerian Communications Commission’s (NCC) temporary embargo on registration and activation of new Subscribers Identification Module (SIM) cards in the country. This followed the initial directive that all operators should integrate NIN to all SIMs currently in use. Telco subscriber losses hit 11.63M in 3 months The report shows that MTN, Airtel and other Telcos lost over 4.13 million subscribers in the month of February. This follows an earlier loss of about 4.2 million in January and 3.3...

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