Monday, August 3, 2015

Money!! Nigerians Spend N212bn On Phone Calls Monthly

How much do you spend on airtime monthly?...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.

6 comments:

  1. Oh boy,,and yet they can give us good network/service...........etisalate looks like the best now...

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  2. Oh yeah! Na the telecom companies dey chop d money. Then if they sign P'square 4 250million naira we go say dem don try. Have you heard the New Nigerian National Anthem? Anticipate #PromiseLand.

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  3. Hahahahah how sure is this story

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  4. I no too believe this coz a larger population buy 100 naira card, so how will it reach that amount, not even million na billion u talk oo, monthly? Abeg

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