0
Wireless

MTN grows underlying service revenue 11% in Q1

Thursday 14 May 2020 | 09:33 CET | News
MTN Group said it delivered a solid performance in the first quarter, increasing service revenue 16.5 percent to ZAR 38.7 billion. On a constant currency basis, service revenue rose 11.1 percent, as strong growth in markets such as Ghana and Nigeria helped offset lower revenues in its home market South Africa. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: MTN
Countries: Africa / Middle East
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

MTN Group expects higher H1 earnings

Published 24 Jul 2020 11:20 CET | Africa
MTN Group said it expects to report an increase in earnings per share (EPS) of at least ZAR 3.45 or 140 percent, representing EPS ...

MTN Group claims 100 million active data users

Published 25 Jun 2020 13:34 CET | Africa
MTN Group says it has reached 100 million active data users on its networks in Africa and the Middle East, out of a total base of ...

MTN Nigeria carries 1 billion SMS in 1 month during lockdown

Published 22 May 2020 10:02 CET | Nigeria
MTN Nigeria has revealed that its customers sent over 1 billion short message service (SMS) within the last month, during the ...

MTN Cameroon service revenue rises 9% in Q1

Published 14 May 2020 10:21 CET | Cameroon
MTN Cameroon recorded service revenue growth of 8.7 percent to ZAR 1.51 billion in the first quarter ended 31 March compared with ...

MTN Cote d'Ivoire service revenue rises 7% in Q1

Published 14 May 2020 10:16 CET | Cote d'Ivoire
MTN Cote d'Ivoire delivered a 6.7 percent increase in service revenue to ZAR 1.95 billion in the first quarter to 31 March ...

MTN Uganda service revenue rises 13% in Q1

Published 14 May 2020 10:06 CET | Uganda
MTN Uganda reported a 13.4 percent increase in service revenue in the first quarter ended 31 March to ZAR 1.95 billion from the ...

MTN South Africa adds 75,000 new subscribers in Q1

Published 14 May 2020 10:00 CET | South Africa
MTN South Africa recorded 75,000 new subscribers in the first quarter to 31 March, reaching 29.0 million. Service revenue ...

MTN Group to reduce stake in Nigerian arm more slowly as virus hits financial markets

Published 27 Apr 2020 09:24 CET | Nigeria
MTN Group says it will push on with the plan to reduce its majority stake in its Nigerian business, but the turmoil caused by the ...

MTN ramps up efforts to support customers as Covid-19 spreads across markets

Published 23 Mar 2020 13:01 CET | Africa
African mobile operator MTN said it's ramping up efforts to support customers and communities as Covid-19 has spread to seventeen ...

MTN completes sale of ATC joint ventures for ZAR 8.9 billion

Published 19 Mar 2020 14:35 CET | Africa
MTN said it has completed the sale of its ATC tower joint ventures for ZAR 8.9 billion. This is part of the mobile operator's ...

MTN Group grows underlying service revenue 10% in 2019

Published 11 Mar 2020 09:49 CET | Africa
MTN Group announced its service revenue increased by 9.8 percent in 2019 to ZAR 141.8 billion, and EBITDA expanded by 13.6 ...





Calendar   /   Industry Events

10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Ceva Q2
10 Aug Gogo Q2 2020
11 Aug Viavi fiscal Q4
11 Aug NTT fiscal Q1
11 Aug Zoom Telephonics Q2 2020
11 Aug Rakuten Group Q2
11 Aug Lumentum fiscal Q4
11 Aug Radcom Q2 2020
12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug United Internet H1 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Singtel fiscal Q1
13 Aug Teleste Q2 2020
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
::: More Calendar Items