By The Capital Inflow (Foreign Direct Investment) into the Nigerian Telecoms Industry in the Year 2022 dropped significantly to about USD399,905,531.38 as against USD753,044,446.35 recorded for the year 2021, similarly domestic investment dropped by 36.1%
Meanwhile, Telecoms industry contribution to the Nigerian Gross Domestic Products went up from 12.61% in the
Fourth Quarter, 2021 to 13.55% in the Fourth Quarter of 2022 even as the industry witnessed local investment of about N785.7 billion with a revenue is about N3,856,026,156,380.29 and led by the GSM operators which made a revenue of N3.3 billion in the period under review.
According to the 2022 Subscriber/Network Data Annual Report released by the Policy Competition and Economic Analysis Department of the Nigerian Communications Commission (NCC), which was sighted by the TechnologyMirror,
The NCC said that the operators reported a total CAPEX of N718,350,570,000 in 2022 as against the N1,124,117,000,000 invested in Year 2021, indicating a decline of 36.1% within the period.
Also total operating cost for the operators increased from N1,658,235,000,000 in Year 2021 to N1,996,659,000,000 at the end of year 2022 while the operators in this market segment as at December 2022 recorded an approximate total revenue of N3,329,241,000,000 as against N2,774,128,000,000 recorded in year 2021 which was an increase of 20.01% in total revenue from the Mobile Network Operators.
The report revealed that there was a substantial telecom infrastructure deployment recorded in 2022 by Telecoms providers with a total of 34,862 towers deployed by the telecom operators across the country.
The stated further that the operators also reported a total number of 127,294 base stations as well as microwave coverage of 289,270.48km, with a total number of 125 Gateways and Fiber Optics Deployment of 96,198 km (terrestrial fiber & submarine cable.
The report further revealed that the telecoms operators also made significant investment into rollout of .by increasing the numbers to 127,294 from 114,412 in December, 2021 across all states of the Federation representing an increase of 11.25% from the previous year.
On land fiber deployment there was an increase from 49,367.20km as against 47,128.7km in Year 2021 with MTN leading the deployment by 14,612km; GLO – 13,813km; AIRTEL-16,112.2km; EMTS – 4,650km and NTEL – 180km.
Sadly, the report showed that number of subscribers by Internet Speed has dropped as at :December 2022, 512 users fell in
the 256kbs– 1Mbps category; 2,502 users subscribed to speeds between 2mbps-10mbps; 14,528 users between 10Mbps, however, the 4G was not in the category reported by service providers in the fixed wired category.
On the total number of Fixed to Mobile traffic as at December, 2022, the Commission reported that the total number of
Outgoing Fixed to Mobile traffic was 166,260,848. Similarly the total number of Incoming Fixed to Mobile traffic as at December 2021 was 191,599,581.
The analysis of the Fixed to the Mobile traffic for the fixed market segment shows that a considerable percentage of this traffic was generated on the MTN’s network for outgoing traffic and 21st Century network for Incoming traffic.
Also analysis of the outgoing/originating fixed minutes International Telephone traffic for the fixed market segment shows that a considerable percentage of this traffic was generated on the MTN network for outgoing traffic and 21st Century network for Incoming traffic for year 2022.
