MTN Lost 1.4 Million Subscribers In Three Months - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / MTN Lost 1.4 Million Subscribers In Three Months (412 Views)
MTN Nigeria Made ₦51 Billion Profit And Gained 4.2 Million New Subscribers In Q1 / No Shipping Link: Nigeria Loses 1.4 Mt Coal Export To Ghana / Femi Otedola To Visit 5 Countries For His Yearly Three Months Vacation (2) (3) (4)
(1) (Reply)
| MTN Lost 1.4 Million Subscribers In Three Months by wontiboje: 9:38am On May 03, 2017 |
In its first quarter update. MTN Group said its revenue from its Nigerian unit, MTN Nigeria delivered an 11.6% year over year growth in revenue. The company attributed the uptake in revenue to a 71.3% increase year over year growth in data revenue. However, the following quarters will remain very tough as the company disclosed that its subscriber base declined by 2.3% in the quarter in comparison to last year’s milestone. With this MTN would have lost about 1.4 million of its subscribers in the first quarter. However, MTN is not the only one hurting in the market. Etisalat, the smallest carrier has also seen much pressure with its inability to pay its debt and declare profit since it started in 2008. Read more https://pageone.ng/2017/05/03/mtn-nigeria-revenue-rises-11-6-q1/ |
| Re: MTN Lost 1.4 Million Subscribers In Three Months by jericco1(m): 9:44am On May 03, 2017 |
I'm not one of them, in as much that I detest their frivolous deductions, they are by far the best in the country. |
(1) (Reply)
10 Reason Why Your Business Struggle To Grow / The Best Business For 2017 With Little Capital / Currency Exchange Rates For Today, May 11, 2017.
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6 |