• COVID-19 pushes up expenditure amid poor services • Each subscriber spends N1,725 monthly
• GSM operators see more growth, MTN claims pandemic spike data usage
The COVID-19 pandemic and its economic disruptions notwithstanding, the first half of the year has yielded huge revenue, amounting to N1.97 trillion, for telecommunications operators.
The amount was spent by subscribers on telephony services, especially airtime in the first six months of the year, representing some N57 billion increase when compared to amount spent during the same period in 2019. The figures were computed from the average amount spent monthly by subscribers and earnings showed a 3.73 per cent second quarter growth for MTN, Globacom, Airtel and 9mobile. The June subscriber statistics obtained from the Nigerian Communications Commission (NCC) recorded an increase, which analysts deemed incongruent with the present economic realities. They, however, argued that the quantum leap was directly connected…
Source: Guardian Newspaper
