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MTN South Africa improves EBITDA margin on 2.5% higher service revenues in Q1

Thursday 3 May 2018 | 15:22 CET | News
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MTN reported that its EBITDA margin in South Africa increased by 150 basis points year-on-year to 35 percent in the first quarter, supported by continued cost efficiencies and a 2.5 percent increase in service revenue. While lower than full-year expectations, the margin improvement was better than in Q1, the operator said. The growth was supported by data and digital revenue, which increased by 12.1 percent and 17.7 percent respectively, while outgoing voice revenue decreased by 9.2 percent. Data traffic grew 49 percent, supported by a 14 percent increase in active data users. 

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Categories: Mobile & Wireless
Companies: MTN / MTN South Africa
Countries: South Africa
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