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Nairaland Forum / Nairaland / General / Business / MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 (17288 Views)
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Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Rugaria: 11:40am On Nov 02, 2020 |
SUFFERInSMILIIN: You do have a valid point.. 1 Like |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Nobody: 11:42am On Nov 02, 2020 |
AFvckingAlpha: Xup Niggar, I'd like to get some updates from you broaa, Especially on that VPN and Nord thingy broaa. Woulda send you an email but shit,I gatto tell you first,I can't just bump up on a niggar like that, you feel me dawg ? Just mention me if it's ok if I send you an email so we can have a little chat,or anyway at all. |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by SUFFERInSMILIIN(m): 11:43am On Nov 02, 2020 |
Rugaria: Just look at this year the amount of companies which were making hundreds of billions of Naira profit a lot of them have now shut down. GTB bank is one of the good examples with all their profit they started cutting workers cutting workforce moving a lot of things onto the internet and also diversified into other African Market some of these profits are not realistic and they are heavily inflated 1 Like |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by 247man: 11:43am On Nov 02, 2020 |
Kingv: Fyi glo makes more than that. They dont need to declare like mtn cos they are not in d stock market. Sharp guy. Alaga dey Chop and clean mouth |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Jostoman: 11:47am On Nov 02, 2020 |
PLATO1U:just subscribe 4gb now and before you check one or two things everything is gone. |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Playermayweda(m): 11:49am On Nov 02, 2020 |
They need to do something about dem network |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Kzinne: 11:51am On Nov 02, 2020 |
SUFFERInSMILIIN:don't forget that these figures are audited by reputable firms like kpmg, pwc 1 Like |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by 2cribz: 11:56am On Nov 02, 2020 |
They are like spare tyre on a bumpy pot hiled road. No unlimited data, no free data,just bunch of useless youtube data bonus. Mtn no get signal like that . Unless u go buy signal repeater put for house |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by MrJavaS: 11:56am On Nov 02, 2020 |
They have sense....at least their night plan alone gives revenue. Also the special offers help too. I pity 9mobile |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by LanceTrend: 11:57am On Nov 02, 2020 |
Way to go. Thumbs up.
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Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by CodeTemplar: 12:02pm On Nov 02, 2020 |
octavian:The cost still gets transfered to MTN as consultancy charges and carries extra profit. |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by charlesucheh(m): 12:11pm On Nov 02, 2020 |
well! good for them! I still blame Globacom for not being able to meet up with the competition... giving out loads of data bundles and Awoofs with poor coverage!!!! I forgot! they came into business bearing the Nigerian colour! how would they have been better
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Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by hotseat: 12:24pm On Nov 02, 2020 |
This profit is damned exploitative! Haba! All at the expense of hapless Nigerians. The price for data needs to be reviewed downwards. Even though they and their Nigerian collaborators are in business to make profit, this type of profit is the Shylock type. SAVE NIGERIANS FROM EXPLOITATION! |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Olakunleyakub(m): 12:25pm On Nov 02, 2020 |
This is great news. Covid19 played a major role in this their newly improved profit margin. Glo has alot to do to meet this people market share and growth. I truly wish glo is the marker leader in this telecom Industry but I think they av not done an adequate market research to compete favourably with Mtn . |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Ghostmode2two(m): 12:27pm On Nov 02, 2020 |
Very good profit margin though their services is not 100% with some rip offs |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by dopedan(m): 12:35pm On Nov 02, 2020 |
phr0nesis:it will still end in tears Bleep love man |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Fairview1(f): 12:46pm On Nov 02, 2020 |
ThatFairGuy: Revenue is not Profit. Don't forget that. |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by CodeTemplar: 12:56pm On Nov 02, 2020 |
TecM0:The lockdown too helped their sales. Data specifically. People were online more this year. |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by oluwwasheun(m): 12:57pm On Nov 02, 2020 |
HigherEd: Nigerians are coming for you too very soon. Bloody economic oppressors |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by TecM0: 12:57pm On Nov 02, 2020 |
CodeTemplar: True Look at Zoom and TicToc they made good revenue during lockdown |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by SUFFERInSMILIIN(m): 1:20pm On Nov 02, 2020 |
Kzinne: I agree with you worried it's A reputable firms which cost a lot of bank to collapse. If it is what you submit to them which day work on. If you have gone to auditor's before you will know the financial record which to submit to them is what they work on . I can give you a good example the company which I was with they submitted some record for about 50 million Naira profit for that year surprisingly when I checked the auditors record the figures were increased to 250 million naira for that year. The reason why they did this is to get more people to invest in the company if the financial records look bigger. nobody wants to put his money into a company which is small on making small profit. even the best countries in the world America Aaron was inflating their figures also British Petroleum and mobil inflated girl at one time |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by phr0nesis(m): 1:22pm On Nov 02, 2020 |
dopedan:Lol I tell you bro |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Kzinne: 1:26pm On Nov 02, 2020 |
SUFFERInSMILIIN:haha. True most companies will like to inflate figures to get investors |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by TruthinAction: 1:34pm On Nov 02, 2020 |
I don't see why Nigeria should be borrowing. Taxes from companies like this can sustain development in the country. Unless the taxes are going into private pockets. Imagine if 30% tax is paid which is the average tax rate in US, Nigeria will gain up to 30 billion naira monthly just from one company. Effective taxation alone can give us even trillions of Naira monthly. |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by aleeyus(m): 1:59pm On Nov 02, 2020 |
datola:L L Nigeria na company? 1 Like |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by drmuchin: 2:00pm On Nov 02, 2020 |
Onyeedum: HOW DOES MOMOPAY WORK? KINDLY ELUCIDATE! |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by octavian(m): 2:31pm On Nov 02, 2020 |
CodeTemplar: Loll from my little knowledge of the sector, once you sign an agreement with the TOWERCo, all fees are negotiated so whether inflation happens or not it's not the TELCO's problem rather the TOWERCO's. I believe the TOWERCO's also know how to protect themselves against inflation so the negotiation is always tight until an agreement is reached. Assuming a TOWERCO keep transferring all the consultancy charges to MTN for all sites hmmm, the money no go small.... |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Nobody: 3:08pm On Nov 02, 2020 |
MTN is the best |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by shadeyinka(m): 3:11pm On Nov 02, 2020 |
CodeTemplar:What I see is 100 billion Naira out of Nigerians income going to South Africa monthly. Our economic experts thinks it is good for the nation! |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by NinjaMetahuman: 3:26pm On Nov 02, 2020 |
CodeTemplar:again with the diesel they burn blanks bls. No serious telecommunication company around the world rely on government power. They generate their own power from different sources. Even if they do, they pay extra money than normal consumers which will equate to the so called diesel money. |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Hassanmaye(m): 3:28pm On Nov 02, 2020 |
Blood of Zachariah!!! What! |
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