Telcos add 2m subscribers amidst declining broadband penetration

Despite the declining rate of broadband penetration, Nigeria’s telecommunications companies reported an additional two (2) million new internet subscribers as of April 2023.

Recent data from the Nigeria communication commission (NCC) show that internet subscribers rose to 157 million as of April 2023 from 155 million reported in January 2023, accounting for two million new subscribers added to the already existing subscriber base.

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