Foreign Investment In Telecom Drops To $417.4m As Revenue Hit N2.9trn

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

The Nigerian Communications Commission (NCC) has shown that capital inflow or Foreign Direct Investment (FDI) into the Nigerian telecommunications sector if

According to the report, subscriber numbers increased from 184,699,409 subscribers in 2019 to 204,601,313 active voice subscriptions as at December 2020 with an increase 19,901,904 subscriptions. This represents about 10.78 per cent increase in total subscription within the period under consideration.

On telecom infrastructure deployed within the corresponding period, a total of 32,939 towers were recorded from mobile and collocation and infrastructure companies with a total number of 36,998 Base Stations. The Mobile Fixed and Other Operators recorded a total of number 194 Gateways in use in the industry as at December 2020. Fiber optics deployment stood at 104,586.34 km as at December 2020.

Analysis of towers across the states showed that the top five states with highest number of towers were Lagos , Ogun , Oyo , Rivers , FCT and Edo while the states with the least number of base stations were: Jigawa , Ebonyi , Gombe , Yobe and Zamfara respectively.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Are you living with Diabetes or u ve someone who is suffering from Diabetes?my DM is open,don't allow Diabetes to disgrace u or send u to ur early grave,check my pined Tweet,I'm not a scammer,I can cure Diabetes,I'm not hungry,I have other businesses,I smoke cat fish,I sell doors

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kaduna Govt. faults National Bureau of Statistics report on foreign direct investmentThe Kaduna government says it was listed among states which did not attract foreign direct investments despite the coming of an American firm, Zipline, into the state.
Source: PremiumTimesng - 🏆 3. / 78 Read more »