Afrigather 
Cell subscriptions have risen by 4.61 million to hit 226.84 million in 2022, in line with new business statistics from the Nigerian Communications Fee.
This follows the development of sustained progress within the telecommunications sector that has been recorded since 2022. In February 2023, the entire variety of cell subscriptions rose to 226.84 million from the 225.88 million that was recorded in January 2022.
MTN stays the biggest telecom supplier with 92.71 million cell subscriptions, adopted by Globacom with 60.76 million, Airtel with 60.30 million, and 9mobile with 13.07 million.
Teledensity, the variety of lively phone connections per 100 inhabitants residing inside an space, rose to 119.01 per cent in February. Cell Web subscriptions grew to 156.42 million, with broadband penetration rising to 48.49 per cent and subscriptions hitting 92.56 million.
Additionally Learn: Commodity Terms of Trade Declines by 0.55 Basis Point – NBS
In line with the Chief Working Officer, Affiliation of Telecommunications Corporations of Nigeria, Ajibola Olude, the expansion of cell subscriptions could be tied to the rising reliance on the Web by people.
In an interview with The PUNCH, he mentioned, “A whole lot of issues are linked to the Web, they usually want SIMs. Asides from that, on the Federal and State stage, there’s severe consciousness of the necessity to undertake ICT. Many companies have moved on-line, and don’t neglect that the CBN is pursuing a cashless financial system which suggests that there’s a must in all probability use an Web-enabled telephone.”
The expansion of broadband penetration is rising the utilization of digital applied sciences. This progress is ready to drive broadband penetration past the Federal Authorities’s 50 per cent goal for 2023.
Supply: The PUNCH
