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MTN Leads As Nigeria’s Internet Subscriptions Hit 152 Million.

MTN Nigeria raises N125bn through commercial paper

September 06, (THEWILL) – Subscriptions for internet across mobile, fixed and VoIP networks in the country, increased to 152 million in July 2022.

The latest industry data released by the Nigerian Communications Commission (NCC) reveals that 997,489 new internet subscribers were added between June and July 2022.

As of June 2022, internet subscriptions in the country stood a little over 151 million.

According to the NCC, 997,489 new internet subscribers were added between June and July 2022.

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This is coming as the Ministry of Communication and Digital Economy hopes that both broadband penetration and internet subscription grows along its digital economy plan.

The dominant network in terms of internet was MTN, which had 63.75 million internet subscribers in July, an equivalent of 55.9 percent of the internet market share.

MTN is the country’s biggest telecom and has launched a test run of 5G in 193 locations in 10 states.

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Airtel has 41.39 million internet subscribers, Globacom has 41.25 million, while 9mobile controls only 5.03 million internet subscribers.

Broadband penetration rose to 44.9 percent in July, up from 44.32. percent month on month. In July 2021, Nigeria’s broadband penetration was 39.79 percent.

Nigeria’s active lines also surged during the period to 208.97 million, up from the 206.45 million active lines recorded in June 2022. Active lines in July was 187.81 million, according to NCC data for 2021.

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By market share, MTN controls 38.08 percent of the sector’s market share, GLO, Airtel and 9mobile control 27.96 percent, 27.92 percent and 6.04 percent of the market share by operators.

The ICT sector, which comprises the telecom industry among others, is among the fastest growing sectors with an 18.44 contribution to the GDP in the second quarter of 2022.

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