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Business News of Tuesday, 2 May 2017

Source: thebftonline.com

Glo gains more than 110k subscribers as Expresso woes continue

MTN Ghana continues to occupy the top spot in mobile voice subscriptions MTN Ghana continues to occupy the top spot in mobile voice subscriptions

MTN Ghana continues to occupy the top spot in mobile voice subscriptions for the period ending February 2017 recording in excess of 20.26 million subscribers representing an increase of more than two percent from January 2017’s figure of 19.8 million.

The current total mobile subscribers of MTN’s represents a market share for the month under review of 51.65 percent.

Vodafone ranks second in mobile voice subscription by increasing its subscriber base from 8.4 million as at the end of January to 8.4 million as at the end of February this year.

This represents an increase of 0.32 percent in Vodafone’s market share which currently stands at 21.48 percent.

Ironically, the two mobile companies Tigo and Airtel who are currently waiting regulators’ approval in other to merge to become the second biggest mobile telecom company in the country, all saw a decrease in their subscriber base in the month under review.

Tigo, according to the National Communications Authority (NCA) data lost 94,145 subscribers as at the end of February representing a decrease of 1.85 percent.

Their market share for the month under review was 13.15%.

Airtel, which occupied the fourth position, also lost 36,303 subscribers as at the end of February 2017.

This represents a decrease of 0.80 percent, leaving their total market share for the month under review at 11.54 percent.

Glo Ghana came fifth recording an additional 113, 884 subscribers to end February with 784,283 subscribers leaving its total market share for the month at 2 percent.

Meanwhile Expresso continues to occupy the bottom spot by seeing a further drop in its voice subscription figures by about 24.88 percent. The subscriber base decreased from 88,993 as at the end of January 2017 to 66,852 making them the biggest loser at the end of February 2017.

Their total market share for the month under review was 0.17%.

According to the NCA, at the end of February 2017, the total number of mobile voice subscriptions had reached 39.23 million representing a percentage increase of 1.05 percent from January 2017’s figure of 38.24 million.

The total mobile telephony penetration rate for the month under review was 139.09 percent.

Fixed Telephony

There are two operators providing fixed line services in Ghana being Vodafone and Airtel.

As at February 2017, the total subscriptions for both fixed operators were 266,885 representing an increase of 5.35% from the previous month.

Vodafone recorded a total subscription of 259,863 while Airtel ended the month with 7,022 subscriptions.