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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

 

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