Airtel Nigeria’s Data Revenue Drops to $344M Despite Surge in Usage
Airtel Nigeria’s data revenue dropped to $344 million in the nine months ending December 31, 2024, down from $539 million recorded in the same period the previous year. Despite a 37.2% increase in data usage per customer—rising from 6.2GB to 8.4GB per…
Naira Devaluation: MTN, Airtel Record N479bn Losses
Two major telecommunication giants, MTN Nigeria Communications Plc and Airtel Africa Plc have jointly recorded a N479.11bn foreign exchange losses as a result of the June 2023 devaluation of the naira. MTN Nigeria in its nine-month financial report for…