August 3, 2025 — Nigerian telecom giants, MTN and Airtel, raked in a combined total of ₦2.53 trillion from subscribers on voice and data services within the first half of 2025, reflecting the deepening reliance on mobile connectivity across the country.
Financial reports released by both companies indicate that MTN Nigeria generated ₦1.79 trillion in revenue between January and June 2025, while Airtel Nigeria recorded ₦737.7 billion during the same period. A significant portion of these earnings came from data usage, driven by rising internet penetration, increased smartphone adoption, and remote digital engagements.
MTN’s performance was propelled by its extensive 4G and 5G infrastructure, aggressive rural expansion, and tailored data packages that appealed to a broad customer base. Airtel, on the other hand, saw notable growth in data subscriptions and voice traffic, especially in densely populated urban and semi-urban areas.
Industry analysts attribute the surge in telecom spending to Nigeria’s shifting digital economy, with more businesses, educational institutions, and households dependent on stable voice and data connections for daily operations. In addition, inflationary pressures and currency fluctuations contributed to price adjustments in service tariffs, further influencing revenue figures.
The ₦2.53 trillion expenditure underlines the pivotal role telecommunications continues to play in Nigeria’s economy, accounting for a significant share of household and corporate spending. Experts warn, however, that continued service affordability, regulatory oversight, and infrastructure investment will be crucial in maintaining growth and ensuring quality service delivery across the board.
