Business Globacom Overtakes Airtel to Reclaim Position as Second Largest Operator in Nigeria



Globacom has reclaimed its position as the second largest telecoms operator in Nigeria from Airtel. The company recorded a substantial increase in its number of subscribers for the second quarter of the year, ThisDay says:


Globacom has made substantive growth in its subscribers' number by moving from 23 million subscribers in the first quarter of the year to 27 million subscribers in the second quarter, to become the second largest telecoms operator in the country after MTN that had always maintained the leadership position by subscriber number.

The Nigerian Communications Commission, yesterday, released a new figure of telecoms subscribers on various networks for the month of June, 2014, placing Globacom ahead of Airtel that ranked second largest in the first quarter of the year.

The new result, which was released on the NCC's website, showed that MTN still maintained the leading position by subscriber number of 56 million subscribers, followed by Globacom with 27 million subscribers, and Airtel with 25 million subscribers. Etisalat, the fourth entrant into the GSM market, still followed behind with an improved subscriber number of 19 million.

From the result, it also showed that Globacom has reclaimed the position of the second largest mobile service provider which it conceded to Airtel during the first quarter of the year. Globacom achieved the feat by recording 2.8 million new subscribers between February and June this year, the largest by any operator in the country within the period.

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