The Nigerian Communications Commission (NCC) disclosed Airtel Nigeria as a Crystal Performer in the Nation’s Telecommunications Sector

By Abdul Rahman Bangura-

Photo Credit: yesofcorsa.com

NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Marking significant gains in market share over the past year. Data of the NCC of Nigeria revealed by the end of March of 2024, Airtel Nigeria has grown its market share over the last year into a notable 29%, stabilizing its stance as a frontier telecom provider in the region.

In clear comparison, other mobile network operators such as MTN and 9mobile have encountered several setbacks, with MTN noticing a clear 3.19% fall in market share and 9mobile experiencing a 0.5% decrease. Even Glo, a prominent player in the market, saw a decline, albeit less pronounced, with a 0.58% drop in its share of internet subscribers.

Airtel Nigeria’s success story goes beyond market share gains. The company has same witnessed a substantial surge in its share of internet subscribers, boasting an impressive 165% basis points increase. This surge connects with the blast off of Airtel 5G, which the company began rolling out in June 2023 and given prominence to the telco’s continued push to grow its customer base nationwide.

Airtel Nigeria’s ascendancy in the telecom market comes at a central period when mobile network operators face challenges of rising operations cost and exchange rates volatility. The firm’s recent results stabilize its position as a frontrunner in Nigeria’s telecom landscape.

For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent