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Nigerians Spend N602.6 Billion on Airtime in 5 Months

BellaNaija.com

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Airtime BellaNaija

That’s a whole lot of money!

Nigerians reportedly spent N602.6 billion on airtime for their phones between January and May 2014, according to New Telegraph.

The figure was derived by analysis of the the subscriber data released monthly by the Nigerian Communications Commission (NCC), and the current industry’s Average Revenue Per User (ARPU) provided by telecoms operators.

With 57.2 million telephone users on its network, MTN currently has the largest subscriber base and revenue generation of all the networks in the country.

Airtel Nigeria comes in second with 25.5 million; Globacom is third with 23.4 million, and Etisalat is 4th, with 18.5 million users on its network.

The aforementioned ranking is based on data released in March.

Photo Credit: mobilitaria.com

9 Comments

  1. Do good..!!

    September 10, 2014 at 4:00 pm

    Noted …but how much are they giving back to the society? How many pensionable staff do they have?

    • NaijaRealist

      September 10, 2014 at 4:47 pm

      Likely more than you are giving back (and I mean that relatively)….

      Anyway, apart from paying their taxes (which are likely to be mispent, misappropriated and outright embezzled), they are under no other obligations to give anything back! Just like I and you (and I am only assuming wrt you), the money they make is by providing a service and charging for it. It’s not as if “society” just endowed them with generous donations. On the contrary, like most of us doing business in Nigeria, they have to provide their own local govt services (power, security, transportation, water and even education) that folks who pay taxes in other more civilized places take for granted. Of course, apart from paying corporate (and even education aka ETF) taxes and all kinds of govt and LGA “levies”, they also provide direct and indirect employment (and livelihoods) for scores of Nigerians from professionals through managers to artisans, technicians and the unskilled, who ideally should also be paying individual income taxes and contributing to the treasury. So, abeg drop the sense of entitlement because anything extra that these companies “give back: in the name of CSR should entirely be regarded as a bonus in a country where one has to pay extortionary ‘”protection” monies to all manner of local chiefs and community thugs to even site an ordinary base station to provide services to the same community!

  2. aisha

    September 10, 2014 at 4:15 pm

    And they all pay their staffs peanuts……especially airtel!!! Na wa oooo

  3. Olayanju Olubosede

    September 10, 2014 at 4:29 pm

    The advantage derived from that #602..6 billion naira spent on air times is plenty.

  4. ade

    September 10, 2014 at 4:39 pm

    Exactly my thoughts and the recruit well educated graduates for peanuts as low as 50k a month…. all of them do! smh, im glad people are getting to use WiFi more for browsing and phone calls.

    • hilda

      September 10, 2014 at 6:52 pm

      They really suck

  5. @edDREAMZ

    September 10, 2014 at 5:20 pm

    a.k.a EDWIN CHINEDU AZUBUKO said…
    .
    And i was thinking is up to a billion naira..
    .
    .
    ***CURRENTLY IN JUPITER***

  6. hilda

    September 10, 2014 at 6:50 pm

    They recruit graduates as contract staffs. Pay them peanut 40k 50k 60k etc… and the government is not doing anything about it. The owners of these telecoms company themselves can’t do it in there countries

  7. kweenliz

    September 10, 2014 at 7:32 pm

    Noted nice1

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