MTN Nigeria has seen an increase in its subscriber base, adding 3.2 million new users in the first quarter of 2025, Techeconomy can report.
The addition brings its total subscribers to 84.1 million when compared to the 77.7 million users it reported in Q1 2024.
This growth is happening even with industry challenges, like the capital expenditures (CAPEX), excluding leases, increased by 159.0% to N202.4 billion within the period under review.
During the same period, active data users rose by 2.6 million, increasing the base to 50.3 million and contributing to a 46.4% YoY growth in data traffic.
Commenting on the Q1 2025 results, Karl Toriola, the CEO of MTN Nigeria, said:
“This growth was supported by our disciplined approach to gross connections and churn management, as well as continuous innovation in customer value propositions.
“We commenced phased implementation of the new tariff structure in mid-February 2025 across our data and voice bundles, with the majority of adjustments taking effect in March.
While the full impact on usage and revenue is expected from Q2, early indicators suggest continued resilience in customer demand, aided by our targeted CVM initiatives”.
