MTN Group records 210 million subscribers

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MTN is a leading emerging market mobile operator, connecting approximately 210 million people in 22 countries across Africa and the Middle East.  MTN is at the forefront of global technological changes, delivering a bold, new Digital World to our customers.

Highlights for the March 2014 quarter

·         Subscriber of 1.1% quarter-on-quarter (QoQ) from December 2013

·         Data revenues bolster performance increasing 43.3% year-on-year (YoY)

·         Continued growth momentum in large opco cluster

·         Encouraging progress in Mobile Money with total registered subscribers now 16,6 million

·         Continued focus on network roll-out and data offerings in Nigeria

MTN Group

This commentary includes an analysis of the performance of MTN Nigeria. ARPU (Average Revenue Per User) is based on actual quarterly ARPU and is disclosed in both US dollars and local currency.

MTN Nigeria delivered a satisfactory performance during the quarter and increased its subscriber base despite the one-month ban on the sale of SIMs imposed by the Nigerian Communications Commission (NCC) for three of the four GSM operators. MTN Nigeria grew its subscribers marginally to 57.2 million and the operation’s market share declined marginally to 49.3%. MTN continues to engage constructively with the NCC on quality of service KPIs and regular marketactivities resumed from 1 April.

Encouragingly MTN has seen strong subscriber growth post the lifting of the ban.

There has been a significant improvement in network quality and capacity with 483 2G and 597 3G sites added during the quarter. Effective data pricing and locally relevant product offerings also remain key focus areas. Local currency data revenue continued to grow strongly increasing by 21.1% YoY with the average data usage per customer at 41MB per month. This was mainly attributable to the growth in 3G enabled devices on the network, which increased to 7.1million and improved 3G network quality and capacity. Local currency ARPU was 3,2% lower due to lower effective tariffs.

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Posted on April 25, 2014, in Mobile & Telecoms and tagged , , , , , . Bookmark the permalink. Leave a comment.

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