Increased video streaming and talk time raised the amount spent on telecom services to N3.86tn in 2022. Providing a breakdown of the revenue, the commission noted that GSM operators made N3.33tn; Fixed wired operators made N385.07m; Internet Service Providers made N92.08bn; Value Added Service providers made N40.74bn; collocation and infrastructure sharing operators made N3.29bn; and other telecom operators made N5.59bn. According to the NCC, the growth in active subscriptions impacted positively on other derived telecom indicators such as teledensity, Internet penetration as well as broadband penetration. “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. People made more calls in 2022 with total outgoing local and national traffic for calls hitting 204,091,441,469.16 minutes, a 17.59 per cent increase from the 173,555,413,817.69 minutes recorded in 2021.

Source: Punch August 11, 2023 13:01 UTC