igeria’s telecom operators have spent N165.2 billion as domestic investment or capital expenditure (capex) in the country over the last four years.
Documents obtained from the Nigerian Communications Commission (NCC) showed that total investment profile stood at N165.198 billion during the period under review.
According to the NCC, the capex figure of N161.769 billion was recorded in 2019, this fell to N2.734 billion as at end of 2020 while N171. 472 million was recorded at end of 2021.
The cash was spent on infrastructure deployment. Thus, as at December 2020, the total Long Distance cable deployed by operators in this category was 4,772.40km. Interconnect Clearing House Limited recorded 3,526km; Layers3 Limited recorded 697.3 and Backbone Connectivity Network Nigeria Limited recorded 549.1km in the country.
As at December 2020, the total Fibre Optic Network deployed (leased and owned) by other operators was 14,661.32km while in 2019 the same set of operators deployed 29,053.22km) of fibre.