Nigerian Communications Commission reveals that telecommunication companies have lost 20.83 million subscribers in the first half of 2021.
The Association of Telecommunications Companies of Nigeria stated that using the industry Average Revenue Per User of N1,420 for 2020 revenue lost over that time period was N17.88bn.
Total number of subscribers reported fell from 187,275,547 in January 2021 to 187,275,547 in June 2021 as MTN lost 5,464,322 subscribers, Globacom lost 4,463,962 while Airtel lost 2,759,506 subscribers in the first half of the year.
In total, the telecom lost 11.08 million data subscribers thus far in 2021as the number of data subscribers fell from 150,898,122 in January 2021 to 139,814,913 in June 2021.
The government banned the sale of new SIM cards following a directive to link National Identity Numbers with SIM cards, Punch repots.
MTN’s half year report said, “Mobile subscribers declined by 7.6 million to 68.9 million, impacted by the regulatory restrictions on new SIM sales and activations.”
Airtel in its quarter report said, “New customer acquisitions were barred until significant progress had been made on linking the active customer base with verified NINs.
“Natural churn in the customer base led to a loss of two million active mobile customers in Nigeria in the first quarter of the year (following on from 2.5 million customer loss in the final quarter of the year to 31 March 2021).”