Mobile network operators including Nigeria’s four major GSM players, MTN, Globacom, Airtel and Etisalat are among global telecommunications service providers expected to earn about $576 billion as revenues by 2020.
These revenues are expected to come from a broader ecosystem, including areas of applications, content and advertising, which is going to be a 16 per cent rise in their revenues.
The GSM Association, which disclosed this in a report titled: The Mobile Economy 2014, noted that the transformative effect of mobile has been made possible by significant capital investment by the mobile operators over recent years, totaling over $1 trillion in the last six years.
It informed that the mobile sector contributed $336 billion to public funding as at 2013, excluding regulatory and spectrum fees and it is projected to hit $465 billion in another six years from now.
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