Telcos rake in N3.33trn revenue from data, other services —NCC

MTN Nigeria, Airtel, Glo, and other telecom operators made a whopping N3.33 trillion as revenue from calls, data, SMS, and other telecom services in 2022, the Nigerian Communications Commission (NCC) has said in its 2022 Subscriber/Network Data Annual Report.

According to the commission, the total number of active subscribers increased from 195,463,898 subscriptions in 2021 to 222,571,568 active voice subscriptions as of December 2022, a 13.86 percent year-on-year increase.

“The increase in the Operators’ subscriber base was attributed to a number of reasons which includes subscriber loyalty, promos, seasonal effects, aggressive consumer acquisition drive, and competitive product offerings across all the networks,” the commission said.

It noted that the growth in active subscriptions impacted positively on other derived telecom indicators such as teledensity, Internet penetration as well as broadband penetration.

Data usage also continued its surge in 2022. It increased by 46.77 per cent to 518,381.78TB as of the end of the year.

The NCC stated, “There was an increase in the volume of data consumed at the year-end December 2022 when compared with the year-end December 2021.

The total volume of data consumed by subscribers increased to 518,381.78TB as of December 2022 from 353,118.89TB as of December 2021, representing an increase of 46.77 per cent in data consumption within the period,” the report said.