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Business News of Wednesday, 9 June 2021

Source: punchng.com

SIM-NIN Linkage: Telcos lose 19.20 million subscribers in five months

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Telecommunication companies have lost 19.20 million subscribers since the Federal Government began the linking of National Identity Number with SIM cards, according to new industry statistics released by the Nigerian Communications Commission on Tuesday.

The subscriber base fell from 207,907,709 in November 2020, to 188,705,734 in April 2021.  MTN is the biggest loser with over 7,202,757 subscribers lost, while Airtel, Globacom and 9mobile lost 7,054,115; 4,490,531; and 408,904 subscribers respectively.

The latest NCC data released on Tuesday showed that the telcos lost 3.7 million subscribers in April as the subscriber base fell from 192,413,613 in March. Broadband penetration also dropped from 45.07 per cent in November to 40.66 per cent in April.

The telcos have lost more than eight million data subscribers since the SIM-NIN policy began. Porting services dropped from 16,342 in November to zero in April. In December 2020, the sale and registration of new SIM cards was banned by the Federal Government and a December 30 deadline issued for people to link their National Identity Number with their SIM cards was set.

This has since been moved to June 30, 2021. NIN-SIM linkage will help us identify crooks, says BuhariTelcos lose 4.3 million subscribers, record no porting activities A telecom expert, Mr Olusola Teniola, recently told our correspondent that the impact of the SIM-NIN policy would slow down the sector’s growth.

“The NIN requirement will slow down the ability to register SIMs legally, because not every Nigerian has NIN,” he said.