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Wireless

MTN Uganda FY revenue up 2.8% to UGX 1.3 bln

Thursday 3 March 2016 | 16:02 CET | News
MTN Uganda's revenue increased by 2.8 percent to UGX 1.30 billion in 2015, supported by a 17.4 percent increase in data revenue which contributed 28.3 percent to total revenue. This was attributed to the launch of LTE services in the year, an increase in 3G and LTE devices and the continued success of MTN Mobile Money. The total subscriber base declined by 14.1 percent to 8.9 million, impacted by the disconnection of 3.7 million subscribers in the fourth quarter who did not fully comply with regulatory subscriber registration requirements. EBITDA declined by 9.3 percent to ZAR 1.78 billion

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