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Articles tagged with: Celtel and Rcom
Nigeria - Total Market Grows to 63m as Penetration Hits 45%
The Nigerian mobile market's bullish growth showed no signs of abating in Q4 08. Quarterly net additions of 7.15m took the total number of customers over 60m, with a year-end figure of 62.99m, while the annual gain stood at 22.59m. By comparison, Q4 07 saw an increase of 3.39m and the 2007 boost was 11.92m. Meanwhile, the latest figures from Nigerian regulator the NCC show that at the end of January the total had risen to 64.16m. more
Related Tags: , mms, etisalat, lte, mtn, cdma, reliance, glo-mobile, visafone, Nigeria
Nigeria's Bullish Growth Continues in Fourth Quarter
Nigeria's telecoms regulator the NCC has reported customer numbers for the fourth quarter of 2008. The total customer base reached 62.99m at the end of the year having increased by 55.9% annually. On a quarterly basis, net additions stood at 7.15m, only just short of the national and continental record of 7.38m, set in Q2 08. more
Related Tags: mms, etisalat, lte, mtn, cdma, reliance, gsm, ncc, glo-mobile, visafone, Nigeria
Nigeria's Second Best Quarter for Subscriber Growth
Nigeria's Q3 08 growth could not match the record-breaking levels seen in the previous quarter, when 7.38m new connections were added - more than double the best figure recorded in any other African nation. However, its third-quarter boost of 4.11m was the second best figure ever recorded in the market, which is particularly impressive given that one of the top three operators, Glo, suffered a loss of 0.6m customers in the quarter. At the end of Q3, there were 55.8m connections in Nigeria, up 51% year on year with annual net additions of 18.8m. more
Related Tags: mms, w-cdma, lte, mtn, cdma, vodacom, gsm, ncc, visafone, Nigeria
Private Equity Invests in West African Mobile Operator
The private equity group, Emerging Capital Partners (ECP) has announced a US$20 million investment in Cellcom, a mobile telecommunications company with operations in West Africa. The funds will be used to expand Cellcom's network and operations in Liberia and launch service in Guinea and Sierra Leone. more
Related Tags: mms, mtn, telecel, cellcom, orascom, Liberia
Nigeria Q3 2007: Glo Consolidates Lead
The number of mobile connections in Nigeria finished just 10k shy of 44m at the end of Q3 07, and penetration broke through 30% to finish on 32.4%. Net additions totaled 16.90m in the 12 months ending 30th September 2007 and annual growth stood at 62.4%, only marginally below the 63.6% rate recorded a year earlier. more
Related Tags: mms, mtn, Nigeria