Sunday, October 25, 2015

See How MTN Nigeria Lost Over 5 Million Subscribers In A flash!

Africa’s largest mobile phone operator, MTN has lost more than 5 million subscribers in Nigeria. The Telecom giant reported a slowdown in quarterly subscriber growth on Thursday, caused by stiff competition and tougher regulation in the Nigerian market.

MTN said users increased 0.9 per cent in the three months to end-September, a slowdown from 2 per cent growth the same time a year ago.

According to Chief Executive Sifiso Dabengwa, the company’s subscriber base in Nigeria dropped marginally after over 5 million subscribers disconnected from the network having failed to register their SIM cards. 

Dabengwa said: “Aggressive price competition, weakening macroeconomic conditions in most of our markets and unfavourable exchange rate movements continued to impact financial performance for the quarter".

9 comments:

  1. They will lose evenore subs if they fail to upgrade their services. Thank God they're not d only ones we have. Hmmm! "Uwaifo don talk e own o".

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  2. Me I hardly recharge my MTN bcos of their poor service n high charges

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  3. Ahaaaaaa,but I still prefer mtn to glo

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  4. I lost my mtn line 2 yrs ago and never bothered to retrieve it. Dats how inconsequential I Find dat network provider. Pifffff!!!!!

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  5. Silly and stupid network, sucks.....

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  6. But mtn network is like d best now..all I want they provide, I don't see anything they needed to ugrade

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  7. MTN is the best network so far, I guess that is why they are stingy, no promo, nothing nothing. But u need to upgrade with d help me of promo

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