• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Politics

In Q1, Telecom Sector Contributed N134bn To Economy – NBS

Editor by Editor
June 25, 2015
in Politics
In Q1, Telecom Sector Contributed N134bn To Economy – NBS
Share on FacebookShare on TwitterShare on Linkedin

The National Bureau of Statistics (NBS) has disclosed that the telecoms sector recorded a growth rate of 5.26 per cent in the opening quarter of the year and contributed N134bn to the economy.

In its report on the telecoms sector for the first quarter of 2015, NBS affirmed that the sector recorded significant growth from 2.27 million subscribers in 2002 when Nigeria issued its first mobile license. According to the report, the number of subscribers of the mobile telecommunications sector was 143.05 million at the end of the first quarter of 2015.

Out of the four telecoms providers, MTN dominated the number of subscriptions with 61.21 million subscribers, which is 42.84 per cent of the total subscription. Globacom followed with 30.03 million subscribers, representing 21 per cent, while Airtel, with a subscriber base of 28.6 million, which is 20.4 per cent, followed. Etisalat recorded 22.3 million subscribers, representing 15.69 per cent.

RelatedStories

Sterling Bank CEO advocates for AI dev’t to maintain global competitiveness

Senate urges Ministry of Communications to review data cost increase in Nigeria 

March 27, 2025
MTN Group, Airtel Africa sign agreements to share network infrastructure in Nigeria and Uganda 

MTN Group, Airtel Africa sign agreements to share network infrastructure in Nigeria and Uganda 

March 26, 2025

It further revealed that monthly growth rate averaged 0.95 per cent, while 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 rate of 8.53 per cent was recorded in 2011. “Since May 2014, monthly growth in GSM subscribers has averaged 0.95 per cent, with the greatest increase being recorded in December 2014 at 1.97 per cent and the lowest in July of the same year at 0.43 per cent,” the report read in part.

“The growth in subscribers was mainly driven by Globacom, which recorded an average rate of 1.45 per cent over the period, 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 per cent.”

Tags: Airtel Nigeria NewsNews ReviewTech
Editor

Editor

Related Posts

Sterling Bank CEO advocates for AI dev’t to maintain global competitiveness
Politics

Senate urges Ministry of Communications to review data cost increase in Nigeria 

March 27, 2025
MTN Group, Airtel Africa sign agreements to share network infrastructure in Nigeria and Uganda 
Companies

MTN Group, Airtel Africa sign agreements to share network infrastructure in Nigeria and Uganda 

March 26, 2025
Telecom
Sectors

Telecom subscribers in Southeast lament, say poor network services persist despite tariff hike

March 10, 2025
Telecom
Sectors

MTN, Airtel drive telecom growth as subscriptions hit 169.3 million 

March 4, 2025
Airtel Nigeria calls for urgent actions as fibre cuts hit 43 daily  
Sectors

Airtel Nigeria calls for urgent actions as fibre cuts hit 43 daily  

December 25, 2024
Amid 5G push, MTN, Airtel renew commitment to 3G with N117 billion investments
Sectors

MTN, Airtel gain as Nigeria’s mobile subscriptions hit 157.3 million in October 2024 

December 19, 2024
Next Post
US – Nigeria Relationship: Obama Will Host Buhari July 20

US - Nigeria Relationship: Obama Will Host Buhari July 20

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • President Tinubu summons emergency FEC meeting to honour late Muhammadu Buhari 
  • Africa needs gas as a transformational fuel for development – Sahara Group 
  • FG to pilot 6-month training for 3,000 artisans in 10 construction trades across 3 states  

Follow us on social media:

Recent News

President Tinubu appoints 6 Chief Medical Directors for federal hospitals on 4-year terms 

President Tinubu summons emergency FEC meeting to honour late Muhammadu Buhari 

July 13, 2025
Africa needs gas as a transformational fuel for development – Sahara Group 

Africa needs gas as a transformational fuel for development – Sahara Group 

July 13, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics