The April figure which stood at 223.3 million, showed that the MNOs lost about 2.5 million subscribers when compared to the number of subscribers in March 2023. This figure recorded in April marks the second consecutive drop for the MNOs.
In March 2023, the number of mobile subscribers dropped by 1.01 million from 226.84 million recorded in February 2023 to 225.82 million indicating a 0.45% decrease.
An analysis of the MNO’s performance for the review period showed that MTN recorded the highest drop in subscriptions as about 2.8 million subscribers left the network.