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How Big Is Nigerian Telecoms Industry - Family - Nairaland

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How Big Is Nigerian Telecoms Industry by JPIC(m): 3:34pm On Mar 18, 2020
Let's take a look at some statistics


Nigeria ha s been ranked 4th largest telecom market globally from sixth position last year


Nigeria spent between #447.8 billions on airtime/data per month and average of #14 billion + daily as @ 2016 - NCC


NCC Projected that Nigeria will spend N7 Trillions on AIRTIME/DATA last year 2017


Per Year Inflow investment in Nigeria Telecom Sector now hit #21.4 Trillions


Every hour, about 4 million Nigerians recharges their phones. Whatttt?


Let me say it again: Every hour, about 4 million Nigerians recharges their phones.


That means about 24hrs millions of phones recharges are done daily.

Hmmm. THIS IS PER SECONDS EARNING

This leads to establish that,


Telecom industry is bigger than oil & gas industry


BANKS, JUMIA are focusing so much on VTU Telecom business than their core financial/E-commerce business, why? Because they are making huge BILLIONS of money doing it.


Data/airtime have now become the world most valuable resources* - economist.com


An average Nigerian spend #2,000+ on airtime monthly but don't get paid anytime they recharge


Having established this truth, it's of no doubt that telecom is the largest market in the world

UR PRODUCT/PREMIUM
• AIRTIME (VTU) TO ALL NETWORKS
• DATA SUBSCRIPTION TO ALL NETWORKS
• PHCN BILL
• CABLE SUBSCRIPTION
DSTV, GOTV, STARTIMES


� All BANKS in Nigeria have become VTU Vendors on all their Channels and they are Seriously advertising this BUSINESS So if this business is not PROFITABLE then Why will they venture into it, but MY VTU PLATFORM is here to help you get in on the action and take your share of this money going round.
Re: How Big Is Nigerian Telecoms Industry by bukatyne(f): 4:33pm On Mar 18, 2020
@OP:

Are you asking us a question or educating us?

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