Glo leads other telcos in subscriber growth

folarin okunola

August 3, 2015 9:41 AM

The half year report for 2015 published on the NCC’s website shows Globacom as recording the highest growth rate of 5.86 percent in the second quarter of 2015.

Glo is a leading telecommunications network in Nigeria

According to the Nigerian Communications Commission (NCC), Globacom has again led others in subscriber growth.

The Mike Adenuga-owned network grew its subscriber base from 29,577,125 at the end of March to 31,256,677 at the end of June.

According to the NCC’s latest report, this performance, is consistent with Glo's impressive growth pattern since the beginning of the year as recorded by the regulator and other independent research outfits.

The National Bureau of Statistics (NBS), earlier in June 2015, had credited the telecoms network with driving sectoral growth in the last 12 months.

The closest operator to Glo growth-wise in the NCC's report is Etisalat which grew its network from 22,235,557 in the first quarter to 22,852,232 in the second quarter of the year. Etisalat averaged a 3.42 percent subscriber growth in the second quarter.

Airtel placed third achieving a total of 3.08 percent subscriber growth rate in the second quarter.

MTN brought up the rear by recording the lowest growth rate of 2.72 percent. The operator grew its subscriber base from 61,149,397 in the first quarter to 62,813,111 in the second quarter.

folarin okunola