MTN Group expands subscriber base by 4 million in Q1

News Wireless Africa 9 MEI 2019
MTN Group expands subscriber base by 4 million in Q1

MTN Group gained 4 million subscribers in the first quarter to reach 236.6 million at the end of March, amid strong operational performances in South Africa, Nigeria and Ghana. Active data subscribers increased QoQ by 2.6 million to 81.3 million, and mobile money customers increased by 1.2 million to 28.3 million. 

The group delivered 10 percent year-on-year service revenue growth to ZAR 33.21 billion, supported by the three key markets. The growth in service revenue was supported by a 5.9 percent upturn in voice revenue, an 18.3 percent rise in data revenue and a 30.6 percent increase in fintech revenue.


 

Categories:

Mobile

Companies:

MTN

Regions:

Africa,  Middle East

Tags:

Voice services, Data services, Sales figures, Financial figures

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