Telcos Sector  Generated N3.33tn Revenue on Calls, Data in 2022 — NCC

Nigerian Communications Commission says Nigerians and other telecommunication consumers within Nigeria spent N3.33tn on calls, data, SMS, and other telecom services in 2022.

This is as telcos made N3.33tn in total revenue for the year. The NCC disclosed this in its newly released ‘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 per cent year-on-year increase.

Commenting on the increase, it said, “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.”

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. This represents an increase of 46.77 per cent in data consumption within the period.”