BlueBrothers:
Nigeria’s largest mobile carrier, MTN with over 50 million subscribers said it is total revenue for Nigeria in Q3 rose by 11.2% supported by data revenue growth of 72.1%. MTN Group president and chief executive officer Rob Shuter said the key growth drivers of data and digital services performed well.

The South Africa-based MTN Group also noted that the Q3 revenue was  “largely driven by lower reported subscribers in Nigeria as we continue to refine our active subscriber definitions as well as the disconnection of approximately 750 000 subscribers in Uganda as a result of regulatory SIM registration requirements”. However, the group’s total subscribers fell to 230.2 million with Nigeria’s company’s subscriber base falling to 50.3 million, which represents a 5.2% quarter on a quarterly decline.

The telecoms landscape have been experiencing a turbulent business operating environment with the decline in voice revenue due to increased offerings of internet-enabled multimedia (voice,  images, and video calls) mobile applications such as WhatsApp and BBM Messenger.

MTN has not also given an update on its proposed listing on the Nigeria Stock Exchange, NSE yet.

SOURCE: https://brandspurng.com/mtn-nigeria-reports-11-2-rise-in-revenue-as-subscriber-drops/

Tunagee:


Who cares. A stupid company that uses contract staffs as slaves for several years without conversion to permanent status. A company who does not condemn the usual barbaric acts against Nigerians in his home country. Your time is up MTN! Your downfall has begun!

GavelSlam:
All positive indices.

Thank you Buhari.

thrugemaster:
When 2.5Gb no dey last 1 week

calddon:
The mods have the mind to move this thread to the front page but all subscribers to 9mobile network were left without service for close to 72hours in enugu and a thread (https://www.nairaland.com/4148203/no-network-reception-9mobile-enugu)was created and they were unable to push it to front page.

Now service has been restored and everything back to normal as if nothing ever happen.....not even an apology sms from 9mobile and why will they? Afterall the world never knew of their perfomance blunder

I shake my head...injustice everywhere...if its snake this or bobrisky that, lalasticlala wont hesitate to move it to front page....so so annoying.

hanassholesolo:


Sub human Multinational companies don't care about their customer base, wow how shocking

More news at 7.

Perfectionist11:


So,the prosperity of a foreign telecommunications company while our own Glo continues to lag behind is an achievement?.

Thank you Buhari!.

Perfectionist11:


So,the prosperity of a foreign telecommunications company while our own Glo continues to lag behind is an achievement?.

Thank you Buhari!.

Tunagee:


Who cares. A stupid company that uses contract staffs as slaves for several years without conversion to permanent status. A company who does not condemn the usual barbaric acts against Nigerians in his home country. Your time is up MTN! Your downfall has begun!