In this videocast, I estimate how much MTN, Glo, Airtel and Etisalat have made in profits, in Nigeria. To do this, I looked into their total payments to the National Information Technology Development Agency (NITDA). The Act establishing NITDA mandates that telecommunications companies in Nigeria are required to pay 1% of their annual profits as levy for National Information Technology Development Fund (NITDEV) which NITDA controls. (For in-depth analysis, you can read here.)
Cumulative Profits of MTN, Glo, Airtel And Etisalat In Nigeria
Ndubuisi Ekekwe
Ndubuisi Ekekwe, PhD, Chairman of FASMICRO Group, is the Lead Faculty in Tekedia Mini-MBA. He writes regularly in the Harvard Business Review. Email: [email protected]
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