Data consumption by Nigerians boosts MNOs’ earnings by 34%

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Data consumption by Nigerians boosted mobile network operators’ earnings in the last three months ending September 30, 2023.

Specifically, in the financial result for the third quarter ended September 2023, while MTN recorded N279.5 billion , Airtel earned N123.7 billion from data subscriptions, representing a 29.3 per cent growth in data revenue for the company.

“Our 4G network now covers 80.5 per cent of the population, up from 79.1 per cent in December 2022. Data usage grew by 29.1 per cent to 8.6GB, and the number of smartphones on our network increased by 7.6 per cent, bringing smartphone penetration to 53.4 per cent, up. Consequently, we recorded a 46.3 per cent growth in data traffic, with the 4G network accounting for 83.7 per cent of the total traffic,” Toriola stated.

“Our continued 4G network rollout has resulted in nearly 100 per cent of all our sites delivering 4G services. Furthermore, 233 5G sites are now operational. For the Q2 ’24 period, 4G customers accounted for 51.1 per cent of our total data customer base and contributed to 85.3 per cent of total data usage. Q2’24 4G data usage per customer reached 11.7 GB per month, an increase of 41.3 per cent ,” he said.

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"Ladies and Gentlemen, this is your Captain speaking. We regret to announce that because of a technical problem, we have to return to Paris for safety and security." That was the announcement by the Captain of the Abuja-bound Air France flight on Monday, October 23, 2023, that departed Charles De Gaulle Airport in Paris…

 

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