In spite of the rough times mobile operators had encountered in recent times, but the telecom industry still appears to be one of the most attractive sectors of the Nigerian economy.
MTN Nigeria, Airtel, 9Mobile, and Glo are the leading mobile operators in Nigeria providing telecom services to over 90million subscribers, but only one telecom operator is making a profit in Nigeria, CFAtech can report.
It could be recalled that the Nigerian Communications Commission (NCC) and Central Bank of Nigeria (CBN) had played an intervention role to making sure that 9mobile, formerly known as Etisalat never went into extinction.
Most Nigerians think that telecom operators are making a profit, but the reality is that it is only one mobile operator that is making profit”, said Ojobo, Director of Public Affairs, NCC last week.
Although, Ojo didn’t mention the telecom operator but insisted that all that glitters is never gold.
“If Etisalat had been bought by the banks, other operators would not have had the capacity to accommodate their subscribers because they do not have the infrastructural facility.”
Professor Umar Danbatta, the Executive Vice Chairman of the NCC who was represented by Ojobo at the recently concluded Southeast Technology Convergence, GenesysIGNITE, spoke on the “Bridging Connectivity Divide: The Role of Government.”
He maintained that connectivity remains a significant issue that could be of threat to the envisaged technology revolution that would take place in Southeast, however, showed optimism that the NCC plays its role in making sure that more infrastructure is deployed.
He said it is evident that government has a critical role to play in bridging the connectivity divide.
“In our clime, the government realizes the importance of bridging the gap and through is relevant agencies, such as the NCC and USPF, has continued to make progress.”
He added that the government realizes the importance of partnering with the private sector to make substantial progress.