Nigeria’s broadband penetration increased by 42.27 per cent in March, as subscriptions exceed 80 million in March 2022.
According to the Nigerian Communications Commission (NCC) industry data, the broadband penetration increased to 42.27 per cent as opposed to 40.91 per cent indicated in February.
In the last quarter of 2021, the broadband penetration had declined, which industry experts attached to many factors, including the rising inflation that continues to impact household income as well as the NIN-SIM card linkage policy of the Federal Government of Nigeria.
The broadband subscriptions in Nigeria as of March 2022 was 80,678,301 as opposed to 78,082,273 recorded in the previous month.
The data indicate that Nigeria added 2,596,028 broadband subscriptions in March 2022.
In the first quarter of 2022, the NCC announced that the country added over four million active telephony subscriptions, which increased from 195,463,898 in December 2021 to 199,558,540 in March 2022.
When looking at the market share, MTN Nigeria continues to hold the top spot as Nigeria’s telecom service of choice, dominating 37.89 per cent GSM market share with 74,933,684 subscribers.
Airtel maintains the second position with 55,004,561 representing 27.81 per cent, and in third place, Globacom with 54,987,328 (27.80 per cent) and 9mobile with 12,842,909 subscribers, representing 6.49 per cent market share.
The data also indicated that Globacom had significant growth, with its addition of 894,565 subscribers, followed by Airtel with 366,422 and MTN with 243,879, while 9mobile lost 71,992 subscribers in March 2022.
*Broadband penetration can be defined as the number of subscriptions to fixed and mobile broadband services divided by the number of residents in each country.