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BusinessDay

Glo gains highest number of new subscribers in February

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Globacom, an indigenous telecoms service  provider, has sustained its growth trajectory as it emerged the highest gainer of new telecom subscribers in the month of February 2019.

Globacom gained 400,879 subscribers to top the gainers’ table, according to the latest data published on the website of the Nigerian Communications Commission (NCC), while 9mobile gained 345,264 subscribers to take the second spot on the table.

Airtel took the third spot on the gainers’ table despite attracting only 4,559 new users in the month of February 2019. On the other hand, MTN lost 1,099,480 subscribers in the month under review.

The latest NCC statistics show that while Globacom narrowed the gap between it and MTN, it widened its lead over Airtel and 9mobile.

Globacom now has 46,004,517 customers against Airtel’s 44,975,532. Globacom leads the third largest operator by 1,028,985 subscribers in February. In January, Glo had 632,665 users more than Airtel, as the figure for the two operators stood at 45,603,638 for Globacom and 44,970,973 for Airtel. While Globacom grew by 0.87 percent in February, Airtel grew by 0.01 percent in the same month.

9mobile’s subscriber base stood at 16,730,581 in February, after adding 345,264 subscribers (2.1 percent) to its base of 16,385,317 in January. While Glo led 9mobile by 29,218,321 subscribers in January, the gap widened to 29,273,936 in February 2019.

Globacom has been experiencing a steady positive growth for several months. In the month of November 2018, the network gained 1,691,133 customers within one month to gross 43,273,188 subscribers by the end of that month, from the 41,582,055 subscribers it had at the end of October 2018.

This further increased to 45,255,297 in December 2018 and 45,603,638 in January 2019.

Globacom said its growing subscriber base is due to its consistency and commitment to improvement in network infrastructure, leading to overall increase in quality of service.