MTN Loses 4.5Millions of It Subscribers in Nigeria

Not too long ago, we brought to you a report as reveal by the Nigerian Telecommunication Commission that about 2.6 Million MTN Subcribers Dumps the Network, while some certain thousands of subscribers dumps Etisalat. You can read more about the report here

Similarly, A report been released from Bloomberg has confirmed that a total number of 4.5 million MTN subscribers has been disconnected by the Network provider.

The company had to cut off 4.5 million unregistered subscribers in Nigerian in accordance with NCC guidelines. In general, MTN’s customer base decreased by 1.4 percent to about 229 million across 22 countries. Bloomberg reports.  According to MTN’s Executive Chairman Phuthuma Nhleko

“In order to mitigate any future regulatory challenges, the group took an exceptionally conservative stance by disconnecting all subscribers who could possibly be deemed to be non-compliant. This has had a significant unfavorable impact on total subscriber growth and revenue in the first quarter.”

MTN currently has 30.08 million subscribers in South Africa and 57 million subscribers in Nigeria.  We do hope they are able to recover, however maybe if more cheap browsing or cheap data are introduced accompanied with cheap tariff plans, who knows it just might bring in more subscribers.