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nairaland.net • View topic - Nigeria's telephone subscribers almost double

Nigeria's telephone subscribers almost double

Nigeria's telephone subscribers almost double

Postby Richard Akindele » Fri Jun 23, 2006 3:14 pm

ABUJA, Nigeria (Reuters) - The number of telephone users in Nigeria rose to almost 23 million in March this year from 12 million in the same month of 2005, Communications Minister Cornelius Adebayo said on Thursday.

Adebayo said Nigeria, Africa's most populous country with an estimated 140 million inhabitants, had about 1.4 million fixed line telephone users and 21.5 million mobile phone subscribers in March.

"These figures are as of March 2006, which of course means that there must have been a slight increase between then and today," Adebayo said at a news conference in the capital Abuja.

"By implication, we have recorded another 100 percent increase in the level of teledensity," the minister said.

Nigeria had only about half a million telephone lines in 2001, but the introduction of the GSM technology five years ago and a telecoms liberalisation spurred rapid growth in the sector.

Nigeria's telecoms industry has attracted investments of over $10 billion in the last three years.

Despite the boom, the number of telephones per inhabitant in Nigeria remains among the lowest in the world and analysts say the potential for further growth is enormous.

The three main mobile phone operators are South Africa's MTN, private Nigerian firm Globacom and Vmobile, which is in the process of being taken over by Celtel, a unit of Kuwait's MTC.

Reuters 2006..
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