Nigeria’s largest telecoms company MTN has said it disconnected a total of 5 millions following a directive by the Nigerian government ordering telecoms companies in the country to disconnect lines with incomplete registration details.\
According to Sifiso Dabengwa, chief executive, MTN Group, the company’s subscriber base in Nigeria fell marginally after more than 5 million users disconnected from the network having failed to register their SIM cards.
The Africa’s largest mobile phone operator, reported a slowdown in quarterly subscriber growth on Thursday, squeezed by stiff competition and tougher regulation in its key Nigerian market.
“Aggressive price competition, weakening macroeconomic conditions in most of our markets and unfavourable exchange rate movements continued to impact financial performance for the quarter,” Dabengwa said.
MTN said users increased 0.9 percent in the three months to end-September, a slowdown from 2 percent growth the same time a year ago.
