Tuesday, February 27, 2018 / 08:43
AM / FBNQuest Research
latest data released by the NCC, the industry regulator, show that internet
subscriptions stood at 98.4 million in December, representing y/y growth of
7.1%. The figure implies density of 53% in a population estimated at 185
million, placing Nigeria well above the African average of around 16% as
indicated by McKinsey. In December there were 3.6 million new internet
subscriptions recorded, compared with 931,000 the previous month.
The m/m increase recorded in total internet
subscriptions could be loosely linked to increased patronage of dual-SIM mobile
phones; sometimes both SIMs are connected to separate data packages.
MTN accounted for the
largest share (37%) of total subscriptions. Meanwhile, Globacom and Airtel
accounted for 27% and 24% respectively. The latter recorded a m/m increase of
Etisalat) suffered subscription losses for the seventh successive month. The
operator recorded 68,000 subscription losses in December, compared with 180,000
in November. The reduced slippage may be due to the introduction of a new data package
(“more blaze”), which was created to deliver a faster and more reliable
internet usage experience for customers within its network.
To deepen broadband
penetration and by extension boost internet subscriptions, the NCC plans to
facilitate the re-farming of existing spectrums held by operators (without
impacting their quality of service delivery). Additionally, the commission will
auction the 2.5/2.6 gigahertz (GHz) spectrum for fourth generation (4G) long
term evolution (LTE) capacity requirements later this year.
Broadband penetration is
currently 21%; the FGN targets a penetration of 30% by end-2018.
1. Total Active Voice Subscription Increased by 3.69% in Q4 2017 – NBS