Condia Insider: Data has the crown in Africa’s telecoms
- MTN Nigeria's Q1 2025 data revenue reached ₦1.23 trillion, surpassing voice revenue of ₦887 billion.
- Airtel Africa reported data revenue of $549 million, overtaking voice revenue of $533 million for the quarter ended June 2025.
- A 50% tariff hike on data in Nigeria accelerated the migration from voice to data services.
The shift from voice to data revenue among African telecoms signifies a transformative moment in the industry, reflecting changing consumer behaviors and technological advancements. This evolution presents both challenges and opportunities, particularly in the realm of fintech, which could redefine the financial landscape in Africa. Further exploration of how telecoms can leverage their infrastructure for fintech services could yield significant insights.
