Monday 28 September 2015

Nigerian telecommunications Industry experiences growth in teledensity

The Nigerian Telecommunication Industry has achieved a growth of 7.08 percent over the last six months as evidenced in the growth of teledensity. According to the Nigerian Communication Commission (NCC) monthly subscriber /teledensity data, Nigeria had over 140.8 million active lines on operators networks and stood at 100.59 per cent in January. By July 2015, this had moved up to 107.67 representing an increase of 7.08 percent. Teledensity measures the percentage of a country's population with access to telephony services as determined by active subscriber base and its growth in current times show that mobile penetration is getting deeper.So what stage of the product life cycle are we in the Nigerian Telecommunications industry? Will it still experience rapid growth or decline? I would like to hear from you.

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