The four major telecommunication companies in Nigeria- MTN, Airtel, Glo and 9mobile, have collectively lost over four million subscribers between March and June 2021, findings by naijabusiness.com.ng reveals.
According to the data obtained from the website of the Nigerian Communications Commission (NCC), the total subscribers in the major telecommunications firm slumped from 144.58 million as of March 2021 to 139.8 million, indicating a drop of about 3.3%, translating to a loss of 4.77 subscribers during the period under review.
When weighted during the period under review, the loss translates to an average dip of about 1 million subscribers per month. The number of subscribers the telcos lost during the aforementioned period is succinctly captured below;
• MTN Nigeria Plc
MTN lost a total of 1,980,432 subscribers during the period under review, translating to a dip of about 3.22%. The total number of its subscribers nosedived from 61.58 million as of March 2021 to 59.59 million in June 2021, placing the firm as the worst hit during the aforementioned period. The loss of about 3.22% of its subscribers was slightly close to the overall average.
• Airtel Nigeria Plc
Airtel followed closely after it lost a total of 1,542,664 subscribers during the aforementioned period, translating to a dip of about 4.1%. The total number of its subscribers decreased from 37.8 million as of March 2021 to 36.2 million in June 2021.
Glo subscribers declined from 38.81 million in March 2021 to 37.9 million as of June 2021, translating to a loss of about 932,250 subscribers. By the virtue of this, GLO recorded a slip of about 2.4% in its total subscribers’ base.
9mobile subscribers based moved from 6.42 million to 6.11 million within the periods under review, translating to a loss of 310,767 subscribers or a dip of about 4.8%.
Backstory: Recall that naijabusiness.com.ng had reported that the aforementioned telecommunication companies lost about 3.5 million subscribers in one month, i.e., between February and March 2021.