New report: Nigerians Spend N212 Billion On Phone Calls Monthly

New report: Nigerians Spend N212 Billion On Phone Calls Monthly
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Great population brings great power and wealth. Nigeria being the most populated African country have shown their wealth and power.
Out of the over 180 million Nigerians in the country, 146 million of them are active subscribers and they spend about N212 billion on calls every month, LEADERSHIP investigations have revealed.
The findings were arrived at using the current active mobile subscriptions in the country and the subsisting Average Revenue Per User (ARPU), the financial performance benchmark in the telecoms industry that measures the average monthly revenue generated by operators from telecoms subscribers, for Nigeria.
Going by the latest statistics released by the telecoms regulatory body, the Nigerian Communications Commission (NCC), active telephone lines in the nation's telecommunication industry stood at 146, 561. 744 by May 2015.

According to data released by industry leading operators, ARPU in Nigeria's telecoms market is estimated at around $6 (N1, 452), given the foreign exchange rate at N242.
LEADERSHIP investigation revealed that with an ARPU of N1,452 and a subscriber base of 146 million, Nigeria's telephone users now pay an estimated N212 billion monthly in accessing telecom service, especially calls making.
Speaking to journalists on the growth witnessed in the sector, the NCC revealed that the tele-density of the nation's telecommunication industry increased to 104.69 per cent in May, from 103.91 per cent in April, showing an increase of 0.78 per cent.

Similarly, the commission revealed that no fewer than 88.13 million Nigerians currently browse the Internet on telecom networks in the country. The commission's monthly Internet subscriber data for the month of May showed that there was an increase of 1,131,775 (one million, one hundred and thirty-one thousand, seven hundred and seventy-five) internet users on the GSM networks in May. There was no data for the CDMA networks.

Speaker House of Representatives Yakubu Dogara listen to calls during a courtesy visit by the past speakers and deputies to the newly elected speakers, at the National Assembly in Abuja
It was learnt that as telecom networks are recording upsurge in their subscriber base. This also has positive implication on their bottom-line. For instance, GSM operators increased their active customers by 1,329,607 as against the 143,057,234 subscribers they recorded in April, with Globacom beating the other three major telecom companies, MTN, Airtel and Etisalat, in subscriber acquisition in the first five months of this year.
According to subscriber data information released by the regulatory body, Glo activated a total of 2,263,346 new lines on its network ahead of Airtel which came second with 1,983,195 new subscribers.
A recent report by NCC shows that Glo had 28,219,089 active lines at the end of December 2014, but this increased to 30,482,435 at the end of May 2015, showing an addition of 2,263,346 new customers. MTN had 1,970,176 new lines in the first five months of 2015, while Etisalat recorded the least growth in subscriber base with 1,493,515 new activations.

Read up via Allafrica
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