MTN Nigeria Records 2.3 Million New Subscribers in First-Quarter of 2018. This was as a result of an increase in its SIM Card registration made across the country.
MTN Nigeria Records 2.3 Million New Subscribers in First-Quarter of 2018
It should be noted that the MTN Group voice revenue growth of 5.4% caused by a strong growth in Nigeria and Ghana of 15.2% and 20.6% respectively.
The Subscriber base increased by 1.9% quarter-on-quarter with net additions of 4.1 million with the data revenue up by 26.9 percent.
“During the quarter, the group continued to focus on operational execution across our markets, leveraging off the string network investment of the past few years.”
“This allowed us to deliver an acceleration in service revenue friend to 9.1% (constant currency), led by MTN Nigeria and MTN Ghana.”
The Group declared that it has made tremendous progress on the IPO processes in Nigeria and Ghana, giving assurance that the process will be concluded in 2018.