The Telecommunications Sector has seen more than 11.7 million subscriptions wiped off since the order to freeze SIM registration until an audit of the industry is concluded was given in December.
The drop means that the sector which in the past has led the most GDP contributions to the Nigerian economy has drained operators of N16 billion in revenue in the space of three months.
Olusola Teniola, former President of the Association of Telecommunication Operators of Nigeria (ATCON) had told Businessday in February that the sector losses N1.8 billion every month in subscriber drop….
