• Advert Rate
Thursday, May 15, 2025
  • Login
TVC News
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Cookies Policy
No Result
View All Result
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Cookies Policy
No Result
View All Result
TVC News
No Result
View All Result

Telecom subscribers in Nigeria hit 214.35 million-NCC

December 5, 2022
in Business News, Latest Nigeria News, Nigeria News
Telecom subscribers in Nigeria hit 214.35 Million
Share on FacebookShare on Twitter

 

According to fresh industry statistics from the Nigerian Communications Commission, the number of active telecommunications users in Nigeria reached 214.35 million in October.

This is the largest number of subscribers the country has seen since the total number peaked at 207.58 million in October 2020.

Telecom firms credit the development to the National Identity Number scheme with sim card registration.

According to the telcos, more consumers are buying new SIM cards to avoid limits on SIMs that are not linked to their National Identification Numbers.

In MTN’s third quarter release, its Chief Executive Officer, Karl Toriola, said, “As a result, the average daily gross connection was 48.1 per cent above the pre-directive level, partly driven by the cohort of subscribers who were initially restricted and opted to register new SIMs.

“Combined with increased usage from the existing base, these have supported an acceleration in the service revenue growth recovery and mitigated the impact of churn on the base.”

The consistent growth witnessed in the number of telecoms subscribers in 2022 aligns with the Global System for Mobile Communications Association’s (GSMA) growth prediction for the industry, according to findings.

The GSMA notes that Nigeria has a sizeable number of its population under the age of 18, indicating that its subscriber growth would remain strong for the foreseeable future as more young consumers crossed into adulthood and subscribed to mobile services.

“In 2021, mobile technologies and services generated around 8 percent of GDP across Sub-Saharan Africa, a contribution that amounted to almost $140bn of economic value added.

“The mobile ecosystem also supported more than 3.2 million jobs (directly and indirectly) and made a substantial contribution to the funding of the public sector, with $16bn raised through taxes on the sector. By 2025, mobile’s contribution will grow by $65bn (to almost $155bn), as the countries in the region increasingly benefit from the improvements in productivity and efficiency brought about by the increased take-up of mobile services.”

According to the Federal Ministry of Communications and Digital Economy, over 31.6 million Nigerians still live in areas without telecoms coverage.

By 2025, the GSMA anticipates 18 million new Nigerians to become unique telecoms subscribers. Mobile connectivity is at the heart of connectivity in Nigeria, with the majority of online services being accessible via mobile channels.

Next Post
GOV AKEREDOLU PRESENTS N272.7 BILLION 2023 BUDGET TO ONDO ASSEMBLY

Akeredolu presents N272.7 Billion 2023 Budget to Assembly

Leave a Reply Cancel reply

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

YouTube player
Get Breaking News Alerts on WhatsApp! Subscribe now and never miss an update
ADVERTISEMENT

Headlines

  • Live-Stream
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Entertainment

Shows

  • Issue With Jide
  • Journalist Hangout
  • This Morning
  • TVC Breakfast
  • Today in the news
  • Documentaries

Live TV

  • Windows & Mac
  • iPhone & iPad
  • Android & IOS

App Download

  • Download Android App
  • Download for iOS
  • HOME
  • ADVERT RATE
  • Contact

© 2022 TVC Communications - Owner of TVC News

No Result
View All Result
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Cookies Policy

© 2022 TVC Communications - Owner of TVC News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In