Telecoms Subscribers Surged by 11m in Q4 2018

Telecoms
  • Telecoms Subscribers Surged by 11m in Q4 2018

The National Bureau of Statistics (NBS) has revealed that the number of active voice subscribers in the Nigerian telecoms sector surged by 11 million in the final quarter of 2018.

The bureau put the total number of active voice subscribers at N172.82 million, up by 10.79 million when compared to the 162.03 million recorded in the third quarter of the same year.

Similarly, the total number of active internet subscribers rose from 106,420,858 subscribers in the third quarter to 112,065,740 in the fourth quarter.

It stated, “Telecoms data for Q3 and Q4 2018 reflected that a total of 172,824,239 and 162,032,481 subscribers were active on voice as against 162,522,772 in Q2 2018 which represented 6.66 per cent increase in subscribers base.

“Similarly, a total of 112,065,740 and 106,420,858 subscribers were active on Internet as against 103,514,997 in Q2 2018, which represented 8.26 percent growth in subscribers base.”

According to the report, Lagos State had the highest number of subscribers in terms of active voice and internet per state in the fourth quarter. Followed by Ogun and Kano states.

MTN had the largest had the highest voice and internet subscription during the period, followed by Glo and Airtel.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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