Details of the NCC report showed that with the feat Glo, has now grown its market share from 21 per cent to 24 per cent with 36.3million subscribers at the end of June, 2016.
However, MTN which once had over 45per cent share of the market had this reduced to 39 per cent at the end of June with 58.4million subscribers. Globacom had a total of 31,256,677 customers by June 2015, whereas MTN had 62,813,111.
As Glo continues to narrow the gap between it and MTN, it has created a substantial gap between it and Airtel. Both Glo and Airtel were at par in terms of market share only three months ago with each having 21 per cent.
However Airtel, whose subscriber base stood at 29,564,766 at the middle of last year, had 31,978,848 customers at the end of June 2016. This still keeps it at 21per cent share of the GSM market. On its part, Etisalat had 15 per cent share with 22,469,896 customers at the end of June, 2016, down from 22,852,232 at the same time last year.
Globacom’s lead in the voice segment of the industry complements its status as clear leader in the data market where it has for the last one year remained tops in new internet subscriber acquisition.
In June 2016 for instance, while the industry gained a total of 318,008 new internet subscribers, Globacom alone had 272,674 of the new customers. Globacom accounted for about 86 per cent of the total internet subscriber acquisitions in the industry in the month of June.