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Nigeria’s Telecom Sector Slides Down by 26%
Nigeria’s telecoms sector which has been on the rise since the beginning of 2015, has dropped by 26 per cent.
The September subscribers’ statistics released by the Nigerian Communications Commission, NCC, shows that the nation’s teledensity slid from 107.87 per cent in August to 107.61 by the end of September as against the increase experienced in July whereby teledensity moved from 106.27 per cent in June to 107.67 per cent in July.
The report showed that the numbers of active GSM phones lines witnessed a huge drop of 276,117 lines falling from 148,703,160 in August to 148,427,043 in September as against what was experienced between July and June whereby active GSM lines scaled from 146,486,786 in June to 148,495,205 July.
Teledensity is calculated based on a national population of 140 million.