Duopoly Dial-Up: MTN, Airtel Forge a Hegemony in Nigeria’s Telecoms

    BusinessDay | Newsletter | Nov 17, 2025    
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It is close to sunset in the protracted hustle for Africa’s telecoms subscribers, and this is more evident in Nigeria more than anywhere else. In Africa’s leading economy, MTN Nigeria and Airtel Africa now clutch more than 85 per cent of the market, with MTN commanding nearly 52 per cent and Airtel pulling 34 per cent. This leaves Globacom tucking at 12 per cent and 9mobile, now rebranded as the rebranded T2, scratching below 2 per cent. As the concentration intensifies, smaller rivals bleed subscribers. 9mobile's base has crashed from 22 million in 2015 to just 2.7 million in July 2025. Booming data demand and infrastructure investments may have driven the duo, but analysts are calculating the cost to Africa's leading economy.

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