MTN Nigeria posts lower EBITDA in H1

Wednesday 5 August 2015 | 13:23 CET | News
MTN Nigeria increased its subscriber base by 4.9 percent in the first half of 2015 to 62.8 million and said it maintained market share for the period. Subscriber growth was underpinned by improved segmented offerings, churn management and attractive promotions. However, the weak macro-economic environment, aggressive competition and operational execution challenges led to a 9.0 percent fall in revenue to ZAR 24.6 billion. In constant-currency terms, revenue fell by 1.1 percent, mainly due to a fall in outgoing voice revenue as a result of lower competitor voice tariffs, increased pressure on

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.


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 Nigeria
Countries: Nigeria
::: add a comment

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.


MTN to cut dividend amid Nigerian market uncertainty

Published 03 Mar 2016 10:05 CET | Africa
MTN Group has reported a 0.1 percent increase in revenue to ZAR 147.1 billion in 2015 from ZAR 146.9 billion in 2014. Revenue ...

MTN confirms USD 5.2 bln fine in Nigeria

Published 26 Oct 2015 16:30 CET | Nigeria
MTN Group has confirmed that the Nigerian Communications Commission (NCC) has imposed a fine equivalent to USD 5.2 billion on its ...

Musician accuses MTN Nigeria of copyright breach

Published 21 Sep 2015 09:44 CET | Nigeria
The Nigerian Copyright Commission (NCC) has launched a full-scale investigation into allegations of infringement by MTN ...

MTN scraps early Nigeria debt payment amid currency shortage

Published 25 Aug 2015 09:59 CET | Nigeria
MTN Group has abandoned plans to make early repayment of about USD 500 million of debt held in Nigeria, saying it cannot get ...

MTN Nigeria starts MTN Token authentication service

Published 10 Aug 2015 12:27 CET | Nigeria
MTN Nigeria has brought out a mobile identification initiative to help validate transactions, the Daily Independent reported. ...

MTN Group H1 revenue falls 4.9% to ZAR 69.2 bln

Published 05 Aug 2015 12:49 CET | Africa
MTN Group reported a 4.9 percent decrease in revenues for the first half to ZAR 69.2 billion, hurt by negative currency effects. ...

MTN Nigeria rolls out HyNetLTE for broadband in Lagos

Published 20 Jul 2015 13:07 CET | Nigeria
Nigeria's MTN Business has rolled out its enhanced broadband internet service, MTN HyNetLTE, across Lagos. Customers who have ...

Calendar   /   Industry Events

26 Feb Deutsche Telekom Q4 2020
26 Feb Tecnotree Q4 2020
26 Feb Proximus Q4 2020
26 Feb OTE Q4 2020 2020
26 Feb HTHK FY results
26 Feb Megacable Q4
01 Mar Inseego Q4
01 Mar Ooma Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Zoom Video Communications Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar FuboTV Q4 2020
02 Mar HPE fiscal Q1
03 Mar Marvell Technology fiscal Q4
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
04 Mar Inwit Q4 2020
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
05 Mar Vonage Investor Day
::: More Calendar Items