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MTN Nigeria Adds 1.1 Million Cell Phone Users In Q12023

MTN Group one of the largest leading telecom operators in Nigeria said they added 1.1 million new subscribers in the first quarter with their user base climbing to 76.7 million Nigerians. This 1.1 million increase represents a 1.4% growth in its customers compared to the previous quarter. Thursday MTN Nigeria release its first quarter results.

MTN Nigeria Adds 1.1 Million Cell Phone Users In Q12023

MTN Nigeria Adds 1.1 Million Cell Phone Users In Q12023

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MTN Group one of the largest leading telecom operators in Nigeria said they added 1.1 million new subscribers in the first quarter with their user base climbing to 76.7 million Nigerians.

This 1.1 million increase represents a 1.4% growth in its customers compared to the previous quarter. Thursday MTN Nigeria release its first quarter results.

According to News24 report, the improvement in communication infrastructure brought an additional 170 5G sites across the oil-producing nation, taking data coverage to 4% of the population of over 200 million people.

“During the quarter, we focused on enhancing the capacity and coverage of our 4G and 5G networks, which supported rising data traffic,” said Karl Toriola, chief executive of MTN Nigeria, at the release of the results. This had a positive and noticeable effect on its data usage, with total data usage traffic jumping 50.3% in the quarter.  

In recent years, the company has focused on investing heavily in network infrastructure and technology. Their investment in digital services has also played a major role in its growth.

MTN Nigeria has introduced a range of digital products and services which have been well-received by customers.

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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