By: Mercy Peter
MTN has retained its position as the leading telecommunications company in Nigeria, latest data from the Nigerian Communications Commission has revealed.
Though the figure for active telecommunications subscribers in 2024, according to NCC in data released on Friday nosedived from 224.7 million in 2023 to 164.9 million in the year under review.
However, MTN, according to the data, expanded its market share to 51 per cent with its subscriber base growing to 84.6 million in December from 81.2 million in November.
Sitting second on the log is Airtel Nigeria, who recorded an increase of 1.2 million closing with customer base of 56.6 million.
Globacom gained 500,000 subscribers to reach 20.1 million, while 9mobile retained a 1.99 percent market share, closing the year with 3.2 million subscribers.
Meanwhile, the NCC data also shows a 10.75 per cent increase in internet usage from November to December 2024.
Internet subscriptions climbed to 139.28 million in December from 136.54 million in November.
Broadband penetration stood at 44.43 per cent at year-end—falling short of the 70 per cent target set under Nigeria’s National Broadband Plan (2020–2025), which expires this year.