Two leading telecommunications operators in Nigeria, MTN and Airtel, made over N3.6 trillion from data alone as Nigerians’ appetite for internet usage continues to grow.
While data has overtaken voice as the main source of revenue for the mobile network operators a few years ago, the rate of data revenue growth has dwarfed that of voice, according to the latest financial reports of the two companies.
Although the 50% tariff increase implemented by the operators last year contributed to the revenue surge, industry data released by the Nigerian Communications Commission (NCC) shows a steady rise in data consumption by Nigerians throughout the year.
