₦airaland Forum

Airtel Nigeria’s data revenue fell to $344m for the nine months ending December 31, 2024, marking a decline from $539m recorded in the corresponding period of the previous year.

Despite a 37.2 per cent surge in data usage per customer—rising to 8.4 gigabytes per month from 6.2GB—the telco struggled to convert the increased demand into higher revenue, it said in its financial report analysed on Tuesday.

With a subscriber base of 56.6 million, the second biggest operator introduced a data tariff hike on Monday, following the Nigerian Communications Commission’s approval of a 50mm per cent industry-wide tariff adjustment.

This move brings Airtel in line with its major competitors, such as MTN, which also raised prices for both calls and data services. The company anticipates that the tariff adjustment will foster revenue recovery in the coming months.

“The price increase, which was highly needed for the survival and continued growth of the industry, will enable us to continue investing in network infrastructure, expanding coverage, and delivering improved products and services that meet the evolving needs of our customers,” Airtel Nigeria’s Chief Executive Officer, Dinesh Balsingh, said in a note shared with The PUNCH in January.

Airtel’s financial performance has been buoyed by strong demand for mobile data, with a 31.4 per cent rise in average revenue per user.

However, the depreciation of the naira has weighed on its reported revenue. The new tariff structure is expected to help stabilize earnings in the coming quarters.

The company also reported an 8.2 per cent increase in the number of data customers, alongside the surge in ARPU.

“Data revenue surged by 44.3 per cent in constant currency, driven by solid growth in both the number of data customers and ARPU, which grew by 8.2 per cent and 31.4 per cent, respectively,” the report stated.

Additionally, smartphone users are consuming more data, with average usage climbing to 11.2GB per month, up from 8.8GB in the previous period.

Nigerian telecom operators have faced mounting financial strain due to an 11-year delay in tariff adjustments. The prolonged price stagnation has led to a projected $11.3bn revenue shortfall between 2022 and 2026, primarily driven by the naira’s depreciation and escalating operational costs.

The inability to increase tariffs in line with economic realities has significantly eroded earnings, with operators grappling with forex losses and high inflation despite nominal revenue growth.

Source: https://punchng.com/airtel-posts-344m-revenue-loss-on-data-sales/

Bleep all Mobile network providers, they are all shits.
Bleep GLO data network. It's worse and slower than the movement of a snail.

Pls check my aza below 🙏🙏. 9ja hard now

Ordinarily, wetin go carry person go buy Airtel data? Eh remain Glo. Useless networks.

Shitty network that cannot compete. South Africans are not joking around. From PayTV to Telecomm to Distribution Chain to Mining to Education they dwarf the giant of west Africa.

Olorunjoe:
Bleep all Mobile network providers, they are all shits.
Bleep GLO data network. It's worse and slower than the movement of a snail

You fit dey in a room, some spots no go dey get Glo network. The door fit get Glo, the window for left no go get Glo. The window for right go get Glo. 1.5m from the right window no go get Glo. Centre of the room go get Glo. Infact eh dey like zebra body: black stripes na no network, white stripes na network for the same room or house oooo

Elusive001:
You fit dey in a room, some spots no go dey get Glo network. The door fit get Glo, the window for left no go get Glo. The window for right go get Glo. 1.5m from the right window no go get Glo. Centre of the room go get Glo. Infact eh dey like zebra body: black stripes na no network, white stripes na network for the same room or house oooo

Baba, God bless you. U too Sabi. This is the exact situation of GLO here. It's provocative, it's annoying. Ogun kill GLO data network

They said the country is working meanwhile companies are posting major losses up and down. As if that is not enough, goods are still expensive and the people are suffering.

Power snatchers over to you.

No wonder i never chop dividend from them! Make una help Airtel run this, make we see profits.

Olorunjoe:
Baba, God bless you. U too Sabi. This is the exact situation of GLO here. It's provocative, it's annoying. Ogun kill GLO data network

GLO?

Count me out

skywalker240:
GLO?

Count me out

GLO is terribly bad

It's good where I'm, when did you get Your sim my Old Sim was behaving the same way until I got a new one and it's been very helpful.

Olorunjoe:
GLO is terribly bad

Una don use 9mobile before?
Dem dey give premium shege now

Olorunjoe:
GLO is terribly bad

The worst network provider

skywalker240:
The worst network provider

I swr bro.
How weekend bro?
See my aza below. Anything pls🙏

Effects of subsidy removal... BAT say if you like protest n kill yourselves "I will"

WHAT IS AZA?

Olorunjoe:
Bleep all Mobile network providers, they are all shits.
Bleep GLO data network. It's worse and slower than the movement of a snail.

Pls check my aza below 🙏🙏. 9ja hard now

Glo is yet to increase prices but the rate at which they zap their data.

Mtn is the worst In greed. Yet they still zap data like mad.

9mobile, not even worth mentioning. No service for 4 months. You’ll get service for a week, and it’s back to NO SERVICE for another 4 months.

Haven’t tried Airtel.

Ernesthugo:
WHAT IS AZA?

Are u not a Nigerian?

Ernesthugo:
WHAT IS AZA?

Bank account

That’s much

Effects of sudden subsidy removal

The person who wrote the misleading headline of this story smoked expired weed!

Their revenue fell to $344 million from $539m in the previous year, that's not a $344m revenue loss, they just made less profit than they did last year...

In other words, Airtel made $344 million, they didn't lose $344 million.

Nigerians learn to read!!! 😒

Ok, noted.

Kudos to Tinubu the master strategist

Only

Weldon Emilokan Tulumbu

Okay

Audio loss

Obviouslyblunt:
Glo is yet to increase prices but the rate at which they zap their data.

Mtn is the worst In greed. Yet they still zap data like mad.

9mobile, not even worth mentioning. No service for 4 months. You’ll get service for a week, and it’s back to NO SERVICE for another 4 months.

Haven’t tried Airtel.

No be lie..I just do away with their SIM card..It doesn't worth it.