Market Share of Nigeria Telecom Industry
The Nigerian telecom market is semi-fragmented due to ongoing partnerships and recent advancements in the market. Some major players in the market studied include MTN Nigeria Communications PLC, Airtel Networks Limited (Airtel Africa PLC), Globacom Limited, Broad Based Communications Limited, 9Mobile(Emerging Markets Telecommunication Services Ltd)
In June 2023, Globacom launched its Fourth Generation Long Term Evolution (LTE) Advanced network, 4G-LTE Advanced. The company disclosed the simultaneous rollout of the service in several major cities in Nigeria, which has been projected to help speed up economic and commercial activities and boost the productivity of professionals, students, and traders across the country.
In May 2023, Tizeti announced that the company expanded its collaboration with Microsoft to address the issue of broadband underdevelopment. The partnership aims to provide affordable and reliable high-speed internet access to underserved communities and people in the country, addressing the significant broadband gap.
Nigeria Telecom Market Leaders
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MTN Nigeria Communications PLC
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Airtel Networks Limited (Airtel Africa PLC)
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Globacom Limited
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Broad Based Communications Limited
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9Mobile(Emerging Markets Telecommunication Services Ltd)
*Disclaimer: Major Players sorted in no particular order