Globacom, a Nigerian multinational telecommunications company, received a boost in its subscriber base as over 400,000 new customers joined the network in April 2018, according to report published on the nation’s communication commission’s website.
Nigerian Communications Commission, NCC, in the report released Monday revealed Globacom’s subscriber figure leapt from 39,042,979 in March to 39,523,811 in April with an increase of 480,832 new customers.
With the new statistics, Globacom retains its position as the second largest telecommunications operator in the country with 25 percent share of the market, having added 1.36 million more subscribers to its network this year.
Since January 2018, the network’s upward trajectory has been phenomenal, rising from 38,169,780 at the end of December 2017, to 38,228,018 in January, 38,423,184 in February, 39,042,979 in March and 39,523,811 in April.
Another cursory appraisal of the company’s performance in the last one year showed that it grew its subscriber base by 2.25 million, as the customer base grew from 37,270,100 in April 2017, to 39,523,811 in April 2018.
Industry watchers say Globacom’s growing customer base is premised on the attractive and user-friendly packages which give a lot of benefits to prepaid and postpaid phone users, thereby making its products and services the most competitive and accessible.
Figures from the NCC report further show that connected telephone lines in the country reduced marginally from 242.6 million in March to 242.53 million in April. These include GSM, Code Division Multiple Access (CDMA), Fixed Wired/Wireless and Voice over Internet Protocol (VoIP). In the same vein, GSM lines remained dominant with 238.1 million connections in March and 238.03 million in April. Cumulatively, active telephone lines across the networks in Nigeria grew from 148.6 million in March to 160.1 million lines at the end of April.