MTN, Nigeria's largest mobile operator with over fifty eight million subscribers, reportedly lost about eighty thousand Nigerian subscribers for the third quarter ending thirty September 2014.
The quarterly update that was released last week indicates that the Mobile Telecommunication Giant in Nigeria is losing out. The firm recorded 58.363,000 million subscribers, a figure below the 58.446,000 million subscribers it rumored within the second quarter.
MTN said the decline on regulative restrictions, a 'dominant operator' ruling – the Nigerian Communications Commission (NCC) has vulnerable sanctions on the communications gaint for abusing its dominant position within the country's telecommunications market – and even instability in Nigeria's northern areas that is basically suffering from the Boko Haram attacks.
Meanwhile, Nigerian losses were alleviated by South African gains. MTN's South African operations came back to the amount, adding 1.4 million internet additions for the quarter, increasing its subscriber base by 5.7% to 26.7 million.
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