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Nairaland Forum / Nairaland / General / Business / MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 (17296 Views)
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MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by HigherEd: 7:35pm On Nov 01, 2020 |
MTN Nigeria reported a half-year revenues of N638 billion in 2020 compared to N566.9 billion reported same period last year. The 12.5% pop was driven by growth in data revenues in the first and second quarters of the year. https://nairametrics.com/2020/07/30/2020-q2-mtn-nigeria-revenues-rises-to-over-n100-billion-monthly/ 2 Likes 2 Shares
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Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by CodeTemplar: 7:47pm On Nov 01, 2020 |
This is revenue, though it averages N106B per month. The prospect of a good profit margin cannot be argued against, truth is they end up doing a lot of things they shouldn't be doing by themselves and that opens the door for adjustment to recurrent expenses. Imagine the diesel they burn to keep each mast alive then multiple that by the number of mast they every 3km in cities and every 5km along busy highways. That's huge expenses incurred due to a weak power supply system in the country. Telcos this size clearly isn't for start ups or experimenting entrepreneurs. 77 Likes 9 Shares |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by DenreleDave(m): 8:09pm On Nov 01, 2020 |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by PLATO1U(m): 8:42pm On Nov 01, 2020 |
Irrespective of their expenses, they are making cool cash and are profitting. 22 Likes 5 Shares |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by ignis: 10:47am On Nov 02, 2020 |
At the expense of Nigerians... Glo should continue sleeping 19 Likes 2 Shares |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Mobilecrewnet(m): 10:47am On Nov 02, 2020 |
hmm |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Teeisaac(m): 10:47am On Nov 02, 2020 |
OMO see money 7 Likes |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Cutezt(m): 10:47am On Nov 02, 2020 |
Jesus 3 Likes |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by honest1480(m): 10:48am On Nov 02, 2020 |
No matter the hardship, people must buy card to communicate.... essential commodities are making it real big now. 33 Likes 2 Shares |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Onyeedum(m): 10:48am On Nov 02, 2020 |
Mtn has the potential to become the free bank we be waiting for... MoMoPay is the answer. 3 Likes 1 Share |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by dukeprince50: 10:48am On Nov 02, 2020 |
100billion monthly Goddamit 10 Likes 1 Share |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by phr0nesis(m): 10:48am On Nov 02, 2020 |
Where their billions are coming from: BOO: I love you BAE: I love you more BOO: I love you more than more BAE: I love you a 1000x than more BOO: Alright bae goodnight, cut the call BAE: No you cut the call .....No you cut the call .....You cut the call............. 148 Likes 10 Shares |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by wunmi590(m): 10:48am On Nov 02, 2020 |
This is the only place they can make such amount with bad service they are providing. But anyways MTN has always been a saving grace sha when it comes to service, compared to other network we have in Nigeria. I must also acknowledge the fact that, they are also developing Nigerians in the area of ICT and other areas. But unah still dey milk us dry sha 10 Likes 2 Shares |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by obyrich(m): 10:49am On Nov 02, 2020 |
CodeTemplar:Some MTN sites are less than 200metres apart. 2 Likes 1 Share |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Uniqueteco(m): 10:49am On Nov 02, 2020 |
Eleda Masun! |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Focusmind: 10:49am On Nov 02, 2020 |
No wonder my sister is doing great things recently. 3 Likes 1 Share |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by TecM0: 10:49am On Nov 02, 2020 |
2020 is the year of ICT and Telecommunications Amazon made major profit this year 13 Likes 1 Share |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by ThatFairGuy: 10:49am On Nov 02, 2020 |
Raking such humongous amount monthly?
Hope they're not owing Nigeria anyway |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by lexy2014: 10:49am On Nov 02, 2020 |
PLATO1U: They will always tell u no vacancy |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Guyman02: 10:49am On Nov 02, 2020 |
At the rate their system consumes data I am not surprised, they need to be checked 7 Likes |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by GIANTPLUSHUB: 10:50am On Nov 02, 2020 |
Very good news to their shareholders. 3 Likes 1 Share |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by DORS(m): 10:50am On Nov 02, 2020 |
Hmm, MTNnnn |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by ugochukwufrenzy: 10:50am On Nov 02, 2020 |
with their poor device reception...haven't browsed in days now due to poor network,,...why won't they make such amount, when dey always zap subscribers airtime..useless network 6 Likes 1 Share |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by alphaRego01(m): 10:50am On Nov 02, 2020 |
They have finally realized themselves. No wonder their data no de finish fast again 4 Likes |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Bawsse(m): 10:50am On Nov 02, 2020 |
100bn monthly Anonymous where r u when we need you 2 Likes 1 Share |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by pickatyou2: 10:50am On Nov 02, 2020 |
I contributed to it.lol |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Officialhorlah(m): 10:50am On Nov 02, 2020 |
They deserved it Cuz their network is Awesome |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by Kingv(m): 10:51am On Nov 02, 2020 |
And our Glo is busy with endless adverts instead of fixing theIr “rain-drop signal-off” Syndrome 13 Likes 3 Shares |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by AFvckingAlpha(m): 10:51am On Nov 02, 2020 |
The fvck Niggarr!! The real winners are MTN and those who spend extravagantly on data and get their returns in multiple folds. Thats why my I'm always logged on to my Nord, with my Fake GPS roaming around the world anonymously trying to get paid. Thats why I'm always talking to American and Indian hackers not forgetting my Nigerian brothers, trying to keep up with new updates. Thats why I'm always high on my molly way lest I lose guard and get distracted. I said what I said, niggarr!! 1 Like 1 Share |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by honey001(m): 10:51am On Nov 02, 2020 |
All thanks to COVID 19..... |
Re: MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 by datola: 10:52am On Nov 02, 2020 |
Well managed company, unlike Nigeria. 3 Likes 1 Share |
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