EVALUATING THE IMPACT OF GSM OPERATING COMPANIES ON NIGERIAN ECONOMY.

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EVALUATING THE IMPACT OF GSM OPERATING COMPANIES ON NIGERIAN ECONOMY.

ABSTRACT
The dissertation is on evaluating the impact of GSM operating companies on Nigerian economy. The objectives of the study were: to ascertain the impact of GSM operating companies on Nigerian economy; to determine the impact of GSM technology on the people of Nigeria; to identify the challenges faced by GSM operating companies in Nigeria. The study used both primary and secondary sources of data. A total of 300 copies of questionnaire were administered and 285 were received and analyzed. The statistical tools for data analyses include tables, percentages, and chi-square. The findings indicate that the advent of GSM companies facilitate economic development, increase GDP and attract foreign direct investment (FDI); the introduction of GSM technology enhances business operation, quality of life and offer employment opportunities to Nigerians; Inadequate power supply; transmission infrastructural problems; vandalization of network installations; lack of good access road network; etc, are some of the challenges facing GSM operating companies in Nigeria. The study concludes that; the deregulation of the Nigerian telecommunication sector, hence, the introduction of GSM technology has made very significant positive impact on the economic situations of Nigeria. The study from its findings recommends that: the government should expand tele-density and directly make telephone communications cheaper and accessible by giving more licenses to GSM operators in order to allow for healthy competition among the GSM operators; there is need for the Federal government to provide the necessary economic infrastructures (particularly power supply) to the GSM operators in order for them to deliver efficient services and to be able to reduce their call charges; and government should encourage local manufacture of GSM operating equipments and components, and above all, strengthen the security apparatus of the country so as to protect GSM installations from vandalization by the men of the underworld

 

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