MTN, Airtel generate N739bn in revenues in 4 months

MTN and Airtel, generated a mixed N739 billion in revenues between June and September 2022, representing a 19.9 per cent development from the N615.9 billion reported in the identical interval in 2021.

Knowledge by the Nigerian Communications Fee (NCC) means that Nigerians recorded 173 billion minutes in outgoing calls and 86 billion in incoming calls in 2021.

Airtel reported that it made about N1,694 ($3.8) per consumer in three months, confirming how a lot Nigerians prioritize their communications, particularly cellphone calls. MTN didn’t report its ARPU.