The total of N3.208 trillion spent on Airtime purchase by Nigerians in 2017 - TECH NEWS AND TRICKS



The total of N3.208 trillion spent on Airtime purchase by Nigerians in 2017

The recent statistic show that the total of N3.208 trillion was spent on Airtime purschased last year , saying that dspite the hardship yet Nigerians were able to survive buying Airtime and also data. 

Based on fact gather that the airtime credit were purchased across different platform such as through ATMs, Recharge cards, Vending on web-based platforms, VTU-Virtual top-up and subscribers' bank accounts domiciled on their mobile devices.

It's seems like the graph is falling compared to 2016, as at 2016 we have N3.3 trillion which has fall drastically to N3.208 trillion maybe due to some other sources made available to make calls such like apps and much free data given this year.

The estimated airtime spending and telcos and subscribers respectively, was arrived by using the monthly active subscriber base for the 12-month period and the Average Revenue Per User (ARPU) data in the nation’s telecoms industry.

However, there were decline in subscriber spending between 2016 and 2017, this made the NCC announced that they are losing substantial amount to OTT platforms such as Facebook call, WhatsApp, Skype, BBM, Viber, among others.

He said that the more users use OTT platforms like WhatsApp and others to make calls, the more they lose revenue to OTT platforms. Surely, users dropped from 150 million to 140 million as at last October, representing a loss of 15 million subscribers.

He added that the more subscribers make use of OTT platforms to make cheaper calls, the more they lose revenue. Nevertheless, Telecoms operators in Nigeria have called on NCC to regulate OTT but the regulator has said it does not regulate technology, but charged operators to be innovative.

via prexblog and stevani