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MTN loses 667,245 internet subscribers, as Airtel records highest growth

Xenophobia, MTN Nigeria’s shares drop on NSE following attack on its centres in Nigeria

MTN building.

The latest data released by the Nigerian Communications Commission (NCC) shows that Nigeria’s telecommunication company, MTN, lost a record of 667,245 internet subscribers in just one month.

According to data obtained from the NCC, MTN’s total internet subscribers stood at 52.2 million in July 2019 while the number dropped to 51.6 million in August. It should, however, be noted that this is the second time MTN Nigeria would lose internet subscribers in about a year.

In an earlier report published on Nairametrics, it was disclosed that MTN lost 178,103 internet subscribers in June as data concerns rise. However, Airtel has continued to grow its subscriber’s base.

Industry Internet Stats: The NCC report shows five major GSM internet subscribers in the country which include Airtel, 9mobile, Globacom, MTN and Visafone. As at the end of August 2019, the total internet subscribers dropped to 122.5 million, from 122.6 million internet subscribers. This means the total internet subscribers dropped by less than 100,000

Market Share: In terms of the total industry Market share, Airtel has finally edged out Glo from the second position in terms of overall market share. Glo had maintained the second position in terms of the total subscribers until recent times.

Rising Concerns: Development in recent times suggests that the drop in internet subscribers in some major telecom service providers may be traceable to concerns over the poor data/internet connection. Also, Nigerians have expressed concerns over the speed at which internet data bundles burn very quickly.

On the side-line, 9mobile’s industry stat continues to drop by the number. It should be noted that 9mobile has continued to lose subscribers for two consecutive years. This implies that while the company keeps losing subscribers, other competing service providers are heightening strategies and jostling to add as many more users to their networks as possible.

In the meantime, as competition heightens in the industry, 9mobile will need a strategic push in order to remain relevant and active.

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