baristeredme:
They make huge profits in our country and yet they kills us in their stupid country

what does it take to build a network al this money mtn and other network companies are making here today should have been our government money if we bring together all the money made this year by all the networks in Nigeria is it not gonna be equivalent or more than what we want to borrow this year

SELfish telecoms

Niggmatic:


No be only bam even Alabama

Even if Glo launch 10g today, I won't near that network again

Omo, glo sure die.

i dey finish AIRTEL 2GB in 24hrs and i'm not even kidding you. AIRTEL and MTN are fraudulent punks.

If you wan enjoy your data, just go and get a GLO sim.

Na even 3G i dey use and i dey fire down steady !!!

only porn wey Vaseline crew dey use their line download reach to give them that huge profit!

walkwithgod:


Omo, glo sure die.

i dey finish AIRTEL 2GB in 24hrs and i'm not even kidding you. AIRTEL and MTN are fraudulent punks.

If you wan enjoy your data, just go and get a GLO sim.

Na even 3G i dey use and i dey fire down steady !!!

Hmm..

Mtn is d best in my area after i switched from that nonsense airtel plp that take ur credit without ur permission

MTN still remain the best, other networks are shit

MR CHARCOAL WHERE IS THE MONEY FOR THE POOR THAT LIVING IN LAGOS

Airtel handed over most of their customers to Mtn on a platter. Could you imagine my sub expired with 950 MB unsused. A whole 950mb. Haba..! Me that my sub will expire two weeks before expiry. But because the data service was always at zero byte per second. I could use it, ev2n to download by midnight.

Thumbs up MTN

That's to tell us that the Nigerian telecom industry worth over N8.5trillion naira. MTN is a big bang!!!

But anyways u can still cut your own share of the multi trillion telecom wealth by partnering with RAGP today. For more info, kindly WhatsApp: 0-9-0-3-8-3-9-4-1-7-0.

Ravon:
MTN Nigeria announced a profit after tax of ₦51 billion in Q1 2020 - a 6% increase compared with Q1 2019. This increase was largely driven by revenue from data subscriptions, which rose to ₦74 billion – a 60% increase compared with Q1 2019. Revenue from data subscriptions is expected to further increase this quarter (Q2 2020) as workers in many parts of Nigeria are working remotely due to the coronavirus outbreak.

- Revenue grew by 16.7% to N329bn from N282bn in the previous quarter.
- Profit before tax grew by 8.9% to N76bn.
- Profit after tax grew by 5.6% to N51bn.
- Net Assets grew by 35.3% to N196bn from N145bn.

Service revenue rose by 16.7 percent year on year to NGN 328.5 billion, driven by voice and data revenue. Net profit increased by 5.6 percent to NGN 51.15 billion from NGN 48.44 billion in Q1 2019 and earnings per share increased by 5.6 percent to NGN 0.025.

EBITDA grew by 15.3 percent year on year to NGN 173.5 billion resulting in an EBITDA margin of 52.5 percent, an increase of 0.6 percentage points. Mobile subscribers increased by 4.2 million to 68.5 million, an increase of 7.4 percent. Active data users increased by 1.7 million to 26.8 million and data revenue grew by 59.2 percent. The performance was achieved against the backdrop of several developments during the quarter. Value-added tax (VAT) was increased in February from 5.0 percent to 7.5 percent, which adversely affected both revenue and costs.

MTN Nigeria said mobile subscribers increased by 4.2 million to 68.5 million, an increase of 7.4 percent.

MTN Nigeria’s Chief Executive Officer, Ferdi Moolman, said data revenue increased by 59.2 percent due to growth in data traffic and the addition of 1.7 million active Internet subscribers to the network during the quarter.

The situation has been exacerbated by upheavals in the global oil market, which put significant downward pressure on oil prices, leading to an exchange rate adjustment by the Central Bank of Nigeria on 20 March, increasing some of the operator's costs. In addition, a series of lockdown measures began being implemented globally in response to the Covid-19 pandemic, resulting in significant operational challenges and supply chain disruptions.

SOURCE: https://brandspurng.com/2020/04/30/mtn-nigeria-made-%e2%82%a651-billion-profit-and-gained-4-2-million-new-subscribers-in-q1-2020/

Yet those stupid South Africans Wil be saying foreigners must go...
Krazy people

No surprises here, after all my money for night plan added to it.

But onna more serious note, MTN should improve network services at night cos I fail to understand why airtel in the village is far more faster than MTN at night

gamapoy539:
Beautiful, the the government should increase their tax.

Bro, you no get heart?

chai, the way I pay for data during lockdown. can't wait to get back to work.

Ravon:
MTN Nigeria announced a profit after tax of ₦51 billion in Q1 2020 - a 6% increase compared with Q1 2019. This increase was largely driven by revenue from data subscriptions, which rose to ₦74 billion – a 60% increase compared with Q1 2019. Revenue from data subscriptions is expected to further increase this quarter (Q2 2020) as workers in many parts of Nigeria are working remotely due to the coronavirus outbreak.

- Revenue grew by 16.7% to N329bn from N282bn in the previous quarter.
- Profit before tax grew by 8.9% to N76bn.
- Profit after tax grew by 5.6% to N51bn.
- Net Assets grew by 35.3% to N196bn from N145bn.

Service revenue rose by 16.7 percent year on year to NGN 328.5 billion, driven by voice and data revenue. Net profit increased by 5.6 percent to NGN 51.15 billion from NGN 48.44 billion in Q1 2019 and earnings per share increased by 5.6 percent to NGN 0.025.

EBITDA grew by 15.3 percent year on year to NGN 173.5 billion resulting in an EBITDA margin of 52.5 percent, an increase of 0.6 percentage points. Mobile subscribers increased by 4.2 million to 68.5 million, an increase of 7.4 percent. Active data users increased by 1.7 million to 26.8 million and data revenue grew by 59.2 percent. The performance was achieved against the backdrop of several developments during the quarter. Value-added tax (VAT) was increased in February from 5.0 percent to 7.5 percent, which adversely affected both revenue and costs.

MTN Nigeria said mobile subscribers increased by 4.2 million to 68.5 million, an increase of 7.4 percent.

MTN Nigeria’s Chief Executive Officer, Ferdi Moolman, said data revenue increased by 59.2 percent due to growth in data traffic and the addition of 1.7 million active Internet subscribers to the network during the quarter.

The situation has been exacerbated by upheavals in the global oil market, which put significant downward pressure on oil prices, leading to an exchange rate adjustment by the Central Bank of Nigeria on 20 March, increasing some of the operator's costs. In addition, a series of lockdown measures began being implemented globally in response to the Covid-19 pandemic, resulting in significant operational challenges and supply chain disruptions.

SOURCE: https://brandspurng.com/2020/04/30/mtn-nigeria-made-%e2%82%a651-billion-profit-and-gained-4-2-million-new-subscribers-in-q1-2020/

I am deeply ashamed with Nigerians still using MTN

Organicist95:
MTN still remains the best

sorry to say but you are a little disgrace to this country

gamapoy539:
Beautiful, the the government should increase their tax.

You're very funny o, don't you know if government increases their tax, you and I the final consumers will still be the ones to pay for it. Mtn will definitely find a way of adding the charges to the customers