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Home Companies Corporate Updates

Glo propels growth in telecoms sector in Q3, 2020

NM Partners by NM Partners
January 25, 2021
in Corporate Updates
Data War: MTN gains 8.18 million subscribers in 2019, as Airtel edges Glo, 9mobile
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Data grandmasters, Globacom, drove the growth in Nigeria’s telecommunications industry in the third quarter of 2020, according to data released by the National Bureau of Statistics (NBS).

The data showed that the sector grew substantially in the quarter propelled by data subscriptions which rose by 23 percent year on year to stand at 151,063,413 million subscribers at the end of September 2020. The figure for the corresponding period of 2019 was 122,792,291.

While Globacom recorded a 33.2 percent growth in its internet subscriber base between September 2019, and September 2020, MTN which came second had a growth percentage of 24.5 during the same period. Airtel, on its part, recorded 21.4% growth year on year. On the other hand, the NBS report showed that the fourth operator, 9mobile, witnessed a decline during the period under review. The network suffered a 14% slide in its internet subscriber figures between September 2019, and September 2020.

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Glo data services are powered by the huge capacity international submarine cable called Glo-1, a wholly-owned facility that brought unprecedented bandwidth from Europe to Nigeria and other West African countries.

Globacom’s remarkable performance in the sector is believed to be a result of the continuing network upgrade which has enhanced data service delivery to its subscribers. Company sources say Globacom is also continuing the extension of its massive fibre routes pan Nigeria at an accelerated pace so as to further improve broadband penetration and the range of Glo 4G+ data services to all parts of the country.

In addition to this, Globacom offers subscribers attractive data packages with unmatched value. For instance, 7GB goes for only N1500, while N10,000 gives the subscriber 50GB. It also has the Mega Data plans meant for Home Broadband users such as Small Office Home Office (SOHO) and SME customers as well as high-end customers who have the need for higher data benefits with longer validity periods. Apart from these, Globacom also has numerous social data plans which meet every customer’s social needs.


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Tags: GlobacomNational Bureau of StatisticsNBS
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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