MTN Nigeria and Airtel Nigeria made N720.07 billion from Voice, Data, and Other services between January and March 2021. This is an increase of N108.7 billion from the N611.34 billion they recorded within the same period in 2020.
This was confirmed from the financials of the two biggest Telecommunications outfits in Nigeria.
The reports disclosed that while Airtel made N334.76 billion from Voice, Data, and Others, MTN made N385.32 billion from the same services between January and March 2021.
The company has strategically positioned itself and made expansionary decisions to reach where it is – the second most capitalized stock in the NSE. MTN Nigeria’s (MTNN) Q1 2021 financials show that the company has it good.
In the case of Airtel, the Telco also recorded growth in its revenues across Voice, Data, and Other revenues in Q1 2021.