A new report by Ericsson has affirmed Nigeria’s place as one of the most exciting mobile market in the world as the country is now a key driver of growth in the sector.


The recently published Ericsson Mobility Report noted that Nigeria grew its mobile subscriptions by three million in the first quarter of 2017, the fifth fastest growing in the world. Mr Rutger Reman, Managing Director, Ericsson Nigeria while presenting the report in Lagos on Thursday, said that globally, there were 107 million new mobile subscriptions added in the quarter.

According to him, India grew the most in terms of net additions, during the quarter with 43 million subscriptions. “This was followed by China with new 24 million subscriptions, Indonesia added 10 million, Pakistan with five million, while Nigeria had additional three million mobile subscriptions. “The strong subscription growth in India was mainly due to an attractive Long Term Evolution (LTE) welcome offer by one operator with free voice and data.

Reman said that Africa added nine million mobile subscriptions, of which Nigeria accounted for three million in the first quarter. Africa has a total of 985 million mobile subscriptions in the quarter. He said that the global mobile subscriptions were growing at four per cent year-on-year, reaching a total of 7.6 billion in the first quarter. He said that with the three million new subscriptions, Nigeria was among the top five countries by net additions in the first quarter.

“The number of mobile subscriptions exceeds the population in many countries, which is largely due to inactive subscriptions, multiple device ownership or optimisation of subscriptions for different types of calls. “As a result, the number of subscribers is lower than the number of subscriptions. Today there are around 5.2 billion subscribers globally compared to 7.6 billion subscriptions,” he said.

Reman said that the mobile subscription which stood at 7.5 billion in 2016 was expected to reach nine billion in the year 2022. Mr Niklas Heuveldop, the Chief Strategy Officer and Head of Technology and Emerging Business, Ericsson, said that the number of mobile subscriptions would continue to grow across the regions, fueled by a strong uptake in mobile broadband. Heuveldop said that the mobile broadband subscriptions were expected to reach 8.3 billion in 2022.

He said that mobile broadband subscriptions were growing by around 25 per cent year-on-year, increasing by approximately 240 million in first quarter 2017 alone. According to him, the total number of mobile broadband subscriptions is now around 4.6 billion. “2.6 billion new mobile broadband subscribers will be added through 2022, averaging to more than one million each day. “Mobile broadband will account for more than 90 percent of subscriptions by 2022 as it is anticipated that by the end of 2022, there will be nine billion mobile subscriptions. “Mobile broadband subscriptions will reach 8.3 billion, thereby accounting for more than 90 percent of all mobile subscriptions,” he said.

SOURCE: https://brandspurng.com/2017/06/page/2/

No fvck given tho' wow made FTC I dedicate it to my bro who's getting hitched

Of course... We are a consumer nation,for even poo

Why can't we be in the top 5 fastest growing Economy? How can we be? When we have a president who has forgotten how to speak English...

Great, I dedicate this FTC to Lalasticlala, Seun and my nd44

How I wish it's in Economy or Standard of living..........

Is this what Buhari promised us?

Ok. With the trash dem dey bring come here.

Check my signature for your quality customised Atm card flash drive.

muriunited:
Great, I dedicate this FTC to Lalasticlala, Seun and my nd44

Oya edit am quick quick

Definitely, I knew this already.

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so?

muriunited:
Great, I dedicate this FTC to Lalasticlala, Seun and my nd44

in ur dreams

Yahoo

What's great about this?

Nigeria is indeed a big market for a lot of stuffs. If we removed greed we can achieve a lot.

Big Big Talk

Dump site you mean?

Why won't will be, an ordinary Nigerian like to carry three handsets? From Nokia, Samsung, LG, Ericsson, Motorola to IPhone.

Please It Is Too Early To Faint This Morning!

Well....no be yahoo we dey use am do? Every single thing about this country is turned upside down.

Is this supposed to be an achievement?

we celebrate the wrong records...

Mopolchi:
Why won't will be, an ordinary Nigerian like to carry three handsets? From Nokia, Samsung, LG, Ericsson, Motorola to IPhone.

its now tekno, infinitix, injoo and other chinese brands

eezeribe:
Of course... We are a consumer nation,for even poo

DUMP SITE !

Why should we believe stats from a company that is as good as dead.....

Na to buy fone snap snap during Emergency situations instead of saving.