Market Commentary

The improvement in access to telephones has had positive impact in virtually all facets of life, including political, social and economic activities, thus resulting in an exponential growth in the subscriber lines due to the widespread of networks across the country.

Currently, the growth and potential earnings accruable from telecommunication services in the country’s economy is comparable to other markets in the world, and the current rate of network growth across the country is impressive.

Technology continues to improve the way mankind does business in the 21st century and one of the best tools that have enhanced our living standards is mobile device which continues to astound even the innovators to push beyond limits
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Before the turn of the century, analogue fixed wired telephone ruled but all that seem gone with the advent of digital mobile phone. Now, other mobile devices like the android, iPhone and tablet makes the famed George Orwells’ 1984 stone age.

The recent feud between MTN, Glo, Airtel and Etisalat – , Nigeria’s big four mobile operators and the Nigeria Communications Communication (NCC), the industry regulator leading to a hefty cumulative fine of N1.17 billion threw up several mindboggling questions.

One of such on the minds of the subscribers: did NCC act on behalf of the customers and if so, why are the funds going to the regulator, rather than the subscriber?

Again, the question arises: who loses if the NCC asks non-cooperating operators to leave in ‘national interest’?