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MTN, Airtel, Glo, other Telcos’ operating costs drop to N1.756 trillion in 2019

The revenue of the Telcos increased from N 2.245 trillion in year 2018 to N 2.468 trillion as at the end of Year 2019.

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MTN, Airtel, Glo, other Telcos' operating costs drop to N1.756 trillion in 2019, Nigeria has one of the cheapest mobile data prices in Africa

MTN, Airtel, Glo and other Telco’s operating cost declined from N1.759 trillion in the year 2018 to N 1.756 trillion as at end of the year 2019. This represents a 0.2% loss within the period under review.

This was disclosed in the Nigerian Communication Commission’s Subscriber/Network Data report, which is based on the submissions received from MTN, Airtel, Glo, EMTS, Smile and Ntel among others, that was published on Tuesday.

READ: Airtel loses over 100,000 subscribers in one month, as Glo chases MTN’s market share

It is important to note that the data obtained were not limited to the GSM segment but included Fixed operators, Internet Service Providers (ISP) and other operators.

Breakdown: While MTN’s operating cost in Nigeria fell from N768.42 million in 2018 to N767.70 million in 2019, Airtel Nigeria’s cost increased from N281.89 million to N285.73 million within same period.

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READ: ‘Banks lost N15billion to fraud, cyber-crime in 2018’

Glo, EMTS, Smile and Ntel spent N162.41 million against N169.85 million, N159.80 million down to N146.94 million, N12.33 million down to N9.51 million and N14.60 million against N12.24 million respectively.

According to the report, the revenue of the Telcos increased from N 2.245 trillion in year 2018 to N 2.468 trillion as at the end of Year 2019. This represents a 9.93% increase in revenue Year on Year.

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The total number of staff for responsive licensees at Year end 2019 stands at 14,828 staff composition.

READ: Nigerian fintech companies raised $600 million in five years – McKinsey Report 

For instance, the total number of Staff reported by the Mobile operators (MTN, GLO, Airtel, EMTS, Smile and Ntel) as at December, 2019 was a total of 7,750 recording.

They are 189 expatriates and 7,561 Nigerians. Further breakdown in this category as revealed by NCC, showed that 4,986 of the Nigerian Staff are Male while the outstanding 2,575 are female. Similarly, 185 are male expatriates and 4 are female expatriates.

READ: Data war: MTN takes over, gains 1.7 million subscribers, as Glo outshines Airtel in June

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Towers across states
The report revealed that the top five states with highest number of towers are Lagos- 9,860; Ogun- 3,398; Rivers- 3,329; FCT- 3,034 and Oyo- 2,842; while the states with the least number of base stations are: Jigawa-316; Yobe- 422; Zamfara- 434; Gombe 521- and Kebbi- 561.

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What it means: The number of existing base stations in the country invariably affects the quality of service (QOS) within the country thereby positively impacting the level of telephone penetration within the nation, which equates to attracting foreign investment and growth in the telecoms industry.

Abiola has spent about 14 years in journalism. His career has covered some top local print media like TELL Magazine, Broad Street Journal, The Point Newspaper. The Bloomberg MEI alumni has interviewed some of the most influential figures of the IMF, G-20 Summit, Pre-G20 Central Bank Governors and Finance Ministers, Critical Communication World Conference. The multiple award winner is variously trained in business and markets journalism at Lagos Business School, and Pan-Atlantic University. You may contact him via email - [email protected]

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Business

Airtel denies giving free N1,000 recharge

Airtel has dismissed claims that it gave away free airtime to its subscribers.

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Then and now: Nigeria's telecommunication history 

Airtel Nigeria has denied rolling out free N1,000 recharge to its numerous subscribers.

This was disclosed on Monday, by a source in the Telco, who preferred to be anonymous as he is not permitted to talk officially on behalf of the company.

He said, “Airtel is not giving out airtime worth N1,000. It is not true.”

Efforts to get the official response from Airtel Nigeria were abortive, as its Vice President, Corporate Communications and CSR, Emeka Opara refused to pick calls or respond to inquiries sent to him as at the time of this report.

The denial came after an alleged hacker, Anonymous took to Twitter asking Airtel Nigeria’s subscribers to check their balance that they have been credited with N1,000 airtime.

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However, following the claim by Anonymous, many Airtel subscribers on Twitter claimed to have received the free airtime in their phones.

Some reactions from subscribers on Twitter

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Mobile

MTN, Glo, Airtel, 3 others increase assets by N804.09 billion

MTN, Glo, Airtel and 3 others increased their assets by N804.08 billion or 0.38% in 2019.

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Data War: MTN edges our Airtel for first time in 5 months as 493,556 subscribers dump Glo, 9mobile , MTN is winning the data war, as 1.88 million subscribers dump Glo, 9mobile, Data War: MTN gains 8.18 million subscribers in 2019, as Airtel edges Glo, 9mobile

MTN Nigeria, Glo, Airtel Nigeria, and three other Mobile Network Operators in Nigeria have increased their assets by N804.08 billion or 0.38% in 2019.

This was disclosed by the Nigerian Communications Commission in its 2019 Subscribers/Network Data Report released recently.

READ: NCC sanctions Airtel, 9mobile for misconduct

The 2019 Subscriber/Network Data Report stated that the total value of assets in the industry increased from N2.11trillion in 2018 to N2.91trillion as of the end of 2019.

According to the report, MTN reported the highest value in assets in 2019 at N1.53trillion, indicating a 63% increase from N939.56billion reported in 2018.

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The total value of Globacom’s assets as contained in the report as of the end of 2019 was N598.17billion, representing a 1% growth from N592.08billion in 2018.

READ: Value of shares traded by top 10 stockbrokers up 133% despite COVID-19

Airtel Nigeria’s assets grew by 43% in 2019 from N357.75billion in 2018 to N510.99billion as of the end of 2019.

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EMTS that operates as 9mobile grew its assets to N217.05billion in 2019 from N162.64billion reported in 2018, recording 33% growth in assets.

The report stated that Smile’s assets reached N22.9billion as of the end of 2019, growing by 0.4% from N22.8billion recorded in 2018.

READ: Thrive Agric drama: We only insure the farms, not funds of individual investors – Leadway Assurance

However, Ntel recorded 11% decline in the value of assets in 2019, from N34.23billion in 2018 to N30.58billion in 2019.

The NCC report stated that the mobile operators as of December 2019 recorded a total revenue of N1.96trillion as against N1.78trillion recorded in Year 2018.

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This reflects an increase of 10.11% of the total revenue recorded by mobile network operators.

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MTN recorded the highest revenue in 2019 at N1.17tn, while Ntel recorded the lowest sum of N4.61bn as of the end of 2019.

EMTS recorded a decline of 18% in revenue generated year-on-year.

READ: Partey Deal: Arsenal records a whopping £67 million deficit in summer of 2020 transfer window

According to the report, the company’s revenue declined from N169.15bn in 2018 to N138.67bn as of the end of 2019.

The report stated that the total operating cost of the Mobile Network Operators declined from N1.40tn in 2018 to N1.39tn as of the end of 2019.

READ: Ethereum robber transfers $1.5 million worth of Crypto

This indicates a slight reduction in operational cost of 0.53% from the figures reported in 2018.

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The NCC stated that the reduction in operating cost may have been as a result of investment in capital expenditure that was more efficient.

READ: Soybean Futures reach 2-year high, following U.S sales to China 

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The industry regulator noted that Smile and Ntel recorded the highest percentage decline of 22% and 16% respectively in operating costs year-on-year.

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