{"id":81467,"date":"2021-06-02T10:49:36","date_gmt":"2021-06-02T09:49:36","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=81467"},"modified":"2021-06-02T10:49:36","modified_gmt":"2021-06-02T09:49:36","slug":"how-mtn-airtel-rake-n720-1-billion-in-nigeria-in-3-months","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/how-mtn-airtel-rake-n720-1-billion-in-nigeria-in-3-months\/","title":{"rendered":"How MTN, Airtel rake N720.1 billion in Nigeria in 3 months"},"content":{"rendered":"<div dir=\"auto\" style=\"text-align: justify;\"><\/div>\n<div dir=\"auto\" style=\"text-align: justify;\">MTN Nigeria and Airtel Nigeria made N720.07 billion from Voice, Data, and Other services between January and March 2021.<\/div>\n<div dir=\"auto\" style=\"text-align: justify;\"><\/div>\n<div dir=\"auto\">This is an increase of N108.7 billion from the N611.34 billion they recorded within the same period in 2020.<\/p>\n<p>This was confirmed from the financials of the two biggest Telecommunications outfits in Nigeria.<\/p>\n<p>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.<\/p>\n<p>Highlights of financials (MTN)<\/p>\n<p>The company has strategically positioned itself and made expansionary decisions to reach where it is \u2013 the second most capitalized stock in the NSE. MTN Nigeria\u2019s (MTNN) Q1 2021 financials show that the company has it good.<\/p>\n<p>\ufffc<br \/>\nIt made N208.62 billion as Voice revenue against N194.04 billion made in the same period in 2020.<br \/>\nIt recorded N105.7 billion from Data as revenue, up from N74.01 billion recorded in 2020.<br \/>\nOthers: N70.99 billion against the N61.12 billion recorded in 2020.<br \/>\nMTN also made N10.67 billion from SMS against N3.34 billion realised from this sector in 2020.<br \/>\nAirtel Nigeria<\/p>\n<p>In the case of Airtel, the Telco also recorded growth in its revenues across Voice, Data, and Other revenues in Q1 2021.<\/p>\n<p>Voice revenue: N173.55 billion against N145.52 billion realised in Q1 2020.<br \/>\nData revenue:\u00a0 N98.7 billion against N90.3 billion realised in Q1 2020.<br \/>\nOther revenue: N62.51 billion between January and March 2021, up from N46.32 billion in Q1 2020.<br \/>\nIn its 2020 figures, growth was recorded across all regions: Nigeria up 21.9%, East Africa up 23.5%, and Francophone Africa up 10%; and across key services, with revenues for Voice up 11.0%, Data up 31.2%, and Mobile money up 35.5%.<br \/>\nWhat you should know<\/p>\n<p>MTN commands the market share for internet subscriptions, owning about 42% of the market. MTN also controls 40% of the Voice market share, the highest compared to any other competitor.<\/p>\n<div class=\"yj6qo\" style=\"text-align: justify;\"><\/div>\n<div class=\"adL\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>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&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":81468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-81467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How MTN, Airtel rake N720.1 billion in Nigeria in 3 months - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/how-mtn-airtel-rake-n720-1-billion-in-nigeria-in-3-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How MTN, Airtel rake N720.1 billion in Nigeria in 3 months - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"MTN Nigeria and Airtel Nigeria made N720.07 billion from Voice, Data, and Other services between January and March 2021. 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