Nigerians are spending more than N212 billion every month on phone calls, according to the current active mobile subscriptions in the country and the subsisting Average Revenue Per User (ARPU).
ARPU is the financial performance benchmark in the telecoms industry that measures the average monthly revenue generated by operators from telecoms subscribers for Nigeria.
According to the latest statistics released by the telecoms regulatory body, the Nigerian Communications Commission (NCC), active telephone lines in the nation’s telecommunication industry stood at 146, 561. 744 by May 2015. Data released by industry leading operators ARPU in Nigeria’s telecoms market is estimated at around $6 (N1, 452), given the foreign exchange rate at N242.
LEADERSHIP reported that with an ARPU of N1,452 and a subscriber base of 146 million, Nigeria’s telephone users now pay an estimated N212 billion monthly in accessing telecom service, especially calls making.
Speaking to journalists on the growth witnessed in the sector, the NCC revealed that the tele-density of the nation’s telecommunication industry increased to 104.69 per cent in May, from 103.91 per cent in April, showing an increase of 0.78 per cent.