Tag Archives: Telecomms

Telecom firms lose N156.3bn monthly to dormant lines

Telecommunications companies in the country are losing about N156.3bn in potential revenue every month due to the increasing number of inactive telephone lines on their networks, investigation has revealed. The telecoms firms and the Nigerian Communications Commission came about the figure after a check on the average spending of subscribers monthly, with the number of inactive lines multiplied by the …

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Telecom Sector Investment Hits $68b, Makes Biggest Contribution To GDP In 6 Years

Telecom Sector Investment Hits $68b, Makes Biggest Contribution To GDP In 6 Years The Nigerian Communications Commission (NCC) has revealed that investment in the telecommunication sector has increased to $68.2 billion from $50million in 2001 and has recorded its biggest contribution of 9.8 percent to the nation’s Gross Domestic Product in six years This was revealed according to remarks by …

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