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Yejide Onabule: Nigeria's Total Telecom Revenue To Increase To $11.14 Billion - Phones - Nairaland

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Yejide Onabule: Nigeria's Total Telecom Revenue To Increase To $11.14 Billion by Orikinla(m): 1:30pm On Mar 13, 2009
The Nigerian telecom market grew by 23 percent (in US dollar value) in 2008, generated $8.4 billion in overall telecom service revenues, notes Yejide Onabule, analyst at Pyramid Research and author of the report. "With mobile subscriber penetration at just 42 percent, Nigeria's total telecom revenue is expected to increase at a CAGR of 5.7 percent from US$8.42 billion in 2008 to $11.14 billion in 2013," Onabule says in a report on Communications Markets in Nigeria.

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