Telecommunications company, Globacom, again recorded a giant leap in its internet subscriber base with a 39 percent growth in 2020.
Nigerian Communications Commission (NCC) on its website showed that the telecommunications sector grew by 22 percent with 28,145,458 new internet users from 125,728,328 at the end of December 2019 to 153,873,786 in December, 2020.
The NCC statistics indicated that the telecoms sector was pivotal to the early escape of the country from its recent economic recession with a contribution of 12.45% to its Gross Domestic Product.
Globacom gained the most subscriber growth from 28,934,439 data users at the end of 2019 to 40,106,659 at the end of 2020, an addition of 11,172,220 new data subscribers or 39 percent growth. This is in excess of the 22 percentage growth recorded in the sector in the year under review.
The latest update is in tandem with the data released last month by the National Bureau of Statistics (NBS) which showed that Globacom led in Nigeria’s telecommunications sector in the third quarter of 2020.
MTN came second with a 21 percent growth while Airtel recorded 20 percent increase to place third. However, 9mobile recorded a loss with a 12 percent drop in its data subscription figure.
Analysts said Glo data services are buoyed by the huge capacity international submarine cable called Glo1, a wholly owned facility that brought unprecedented bandwidth from Europe to Nigeria and other West African countries.
Globacom also owns a robust technical infrastructure as the only operator in Nigeria with integrated domestic and International network. Its high speed optic fibre network spans thousands kilometres covering almost the entire Nigerian landmass.
Its history of consistent network upgrade is equally reputed to have enhanced data service delivery to Globacom’s subscribers who enjoy attractive data packages with unmatched value.
