Nigeria smiles with telecoms growth

Posted on August 15, 2008 / 1 Comments

The Nigerian telecoms sector, one of the greatest success stories not just in Africa but also the whole of the rest of the world, just keeps on going from strength-to-strength. New figures just released by the Nigerian regulator show that, since May of this year, Nigeria’s telephony subscriber base has expanded by a further 3.7 million and now stands at 53.33 million. Teledensity is also improving, standing now at 38.09 per cent, up from 35.43 at the end of May. However, such runaway growth brings with it a range of problems, some of which were highlighted by the regulatory head, when announcing the latest statistics. Read more.