Nigerians spent N1.05trn on airtime in 5 months

Telecommunications subscribers across the four mobile networks in Nigeria spent an estimated N1.05 trillion on airtime in the first five months of the year, New Telegraph has learnt. This amount covered what was spent on voice, text message and data services from the mobile network operators (MNOs).

The amount of money spent by the subscribers between January and May, also represent the estimated amount of money generated by telecoms as revenue from airtime spending of telecoms consumers, it was gathered.

The estimated airtime spending and revenue for subscribers and telcos respectively, was arrived at using the monthly active subscriber base for the four months period as released by the telecoms regulator, the Nigerian Communications Commission (NCC), and the monthly Average Revenue Per User (ARPU). ARPU is the industry benchmark determined by industry players to measure the average or mean spending by telecoms consumers on airtime, which they, in turn, use to access voice and data services.

New Telegraph, July 17, 2018

 

RipplesNigeria… without borders, without fears

Click here to join the Ripples Nigeria WhatsApp group for latest updates.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now