Based on an Average Revenue per User of $7 (N1,090.25), the active telecoms subscribers in the country must have spent about N379.8bn on voice calls and Short Message Services in the first quarter of this year.
The 117,281,669 active subscribers might have boosted the coffers of the telecoms service providers by over N127.8bn in March 2013; while for February and January, when the subscriber base was 116,601,637 and 114,492,384, respectively, telecoms firms made estimated N127.1bn and N124.8bn for the periods.
The ARPU is a financial performance benchmark in the telecoms industry that measures the average monthly or yearly revenue generated by Global System for Mobile Communications, Code Division Multiple Access and fixed telephone operators in a particular country.
Nigerians spent N379.8bn on calls, SMS in Q1
