Nigerian Telecoms Statistics: Nigerian GSM @ 10

• In 2010, MTN supposedly generated revenues of about $2.6bn followed by Glo with $1.8bn and Airtel wth $1.6bn
• As at 2010, private investment in telecoms was put at over $25bn while in 1999 investment was no more than $50m
• Over $18bn has been invested in the sector over these ten years
• Total number of internet users has increased from 200,000 in 2000 to 43.98 million in 2010, representing 28.9% of the country's population. This number is the highest in africa and number 10 in world according to Internet World Statistics.
• Annual investment in the country's telecoms industry was in excess of $2bn - CEO, Phase 3 Telecom
• He also said the year-on-year increase of 20 to 30 per cent had been recorded in telecoms investment in Nigeria; adding that the country had also recorded 100% growth in the past six years
• The Landing of the Main One Cable cost $240m
• The Landing of the Glo 1 Submarine fibre cable cost $800m