Major Telecom Companies Suffer High Loss in First-Half of 2021

The Nigerian Communications Commission (NCC) gave a report showing how much subscribers major telecommunication companies lost in Nigeria.

It was said that over 1.27 million subscribers were lost in the may by MTN Nigeria, Globacom, Airtel Nigeria and 9mobile as the companies battle for data users.

In total, the industry’s data subscriber base dropped by 0.90 percent at the end of the period under review to settle at 140.13 million, against the 141.40 million reported in April.

The high amount of decrease in the users was also said to have been caused by high cost of data, power network and high depletion rate among the telecoms service providers.

I believe that the high cost of data might be the major reason for the loss as Nigerians are getting poorer by the day, but I believe that the loss can also be credited to the NIN/SIM registration which was mandated by the Federal Government in the country, don’t you think?

Or what other reason do you think could have led for the high decrease of users for telecommunication companies in Nigeria?