MTN sees underlying results improve in H1

Thursday 3 August 2017 | 11:04 CET | News
MTN Group's revenue decreased by 18.5 percent to ZAR 64.315 billion in the first six months of 2017. Excluding currency effects, revenue rose 6.7 percent, underpinned by 10.8 percent growth in its largest market Nigeria and a 5.2 percent improvement in service revenue growth in South Africa. MTN Uganda, Ghana and Ivory Coast also contributed positively to the group's top-line growth. MTN Cameroon experienced a challenging period, negatively impacted by the data network shutdown in some parts of the country in the first quarter. 

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Categories: Mobile & Wireless
Companies: MTN / MTN Cameroon / MTN Ghana / MTN Nigeria / MTN Uganda
Countries: Africa
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EUR 3.9 billion
mobile service revenue forecast full year 2018
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