THE IMPACT OF INTRODUCTION OF GLOBAL SYSTEM FOR MOBILE COMMUNICATION (GSM) ON THE NIGERIA ECONOMY
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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 120 copies of questionnaire were administered and 100 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 ofNigeria
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