By KUNLE AZEEZ
Nigeria’s telecoms operators may have been missing estimated N47.4 billion potential revenue from telephone services, according to National Mirror investigation.
The hidden revenue is as a result of the increasing number of connected telephone lines, which have gone inactive in the past years.
According to the Nigerian Communications Commission, there are currently about 167.4 million total connected telephones on all telecoms networks in Nigeria.
These, include the Global System for Mobile Communications GSM, operators such as MTN, Globacom, Airtel and Etisalat; the Code Division Multiple Access networks which include Visafone, Starcomms, Multi- Links and others; as well as the fixed lines networks.
According to findings, of total connected lines of 167.4 million, official data says only 114.7 million are active, leaving a whopping 52.7 million telephone lines redundant.
Meanwhile, the increasing inactivity of telephone lines is robbing telecoms operators of potential revenue that would have accrued to them is those lines are being recharged to make calls by their owners.
As such, National Mirror gathered that with an Average Revenue Per User, ARPU, figure of N900 for the Nigerian telecoms industry multiplied by 52.7 million inactive lines, operators are missing an estimated N47.4 billion potential revenue.
The ARPU is a financial performance benchmark in the telecoms industry that measures the average monthly revenue generated by operators from each customer.
Source: National Mirror
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