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Wireless

MTN Nigeria adds nearly 6 million customers in 2018

Thursday 7 March 2019 | 14:36 CET | News
MTN Nigeria said revenues for 2018 rose 5.3 percent year-on-year to ZAR 37.97 billion and were up 17.1 percent at constant exchange rates. Service revenue increased by 17.2 percent at constant rates to ZAR 42.15 billion. EBITDA grew by 17.8 percent to ZAR 1.57 billion and was up 30.7 percent at constant exchange rates, with the EBITDA margin up 4.5 percentage points to 43.5 percent. Capex declined by 18.1 percent to ZAR 6.89 billion, but MTN said it expects this to increase to ZAR 7.79 billion in 2018. 

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Categories: Mobile & Wireless
Companies: MTN Nigeria
Countries: Nigeria
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