How Nigeria’s Telecoms industry Raked In N3.25trn In 2021

MTN, Globacom, Airtel, 9Mobile, Smile Communications, and Ntel top Earners Chart with N2.7trl Revenues as Nigerians Spend N37.8bn on text messages in one year   Nigeria’s telecommunications industry generated N3,247,595,808,883.87 for the period of 2021. Platforms Africa reports that the GSM operators comprising MTN, Globacom, Airtel, 9Mobile, Smile Communications, and Ntel, generated a total of N2,774,128,600,000.00 revenue in the period of 2021 but incurred an operational of 1,658,235,220,000.00. In 2021 Subscriber/Network Data Annual Report released by Policy Competition and Economic Analysis Department of the Nigerian Communication (NCC), the operators made…

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