MTN increases its subscriber numbers and data revenue

[Kevin Lancaster]

MTN increases its subscriber numbers and data revenue

MTN has released its financial results for the year ended 31 December 2016.

 

[Gtx Gaming]

That 50gb deal really helped!

 

[Chevron]

That 50gb deal really helped!

An increase in data revenue of 16.7%
An increase in data traffic of 143%.

Yeah, does look like they're selling more cheap data. Very cheap data.

 

[Kevin Lancaster]

MTN wins with better network and smartphone sales

 

[Thor]

Now the share price please

 

[R13...]

Now the share price please

EBITDA decreased by 13.2% to R51.9 billion

 

[Chevron]

A concern for MTN is a decline of 1.1% to 5.2 million in the number of post-paid subscribers.

Pretty easy to explain this. Before the 50GB deal, all the promos and deals were limited to prepaid. Post paid was treated like a red headed step child.

MTN said fibre-to-the-home connections remain a priority

So then why don't we have a triple play service yet? Now that Naspers has sold MWEB, MTN you have the best chance of making this happen.

 

[abbott10k]

They have to be tops, with loaded airtime constantly disappearing to boost margins!

 

[R13...]

They have to be tops, with loaded airtime constantly disappearing to boost margins!

What margins? They made a loss (of $108m) for the first time in 20 years

 

[Kosmik]

Don't care, still moving to prepaid next month after having contracts for decades.

 

[Drifter]

Don't care, still moving to prepaid next month after having contracts for decades.

Best move. Been on prepaid for years.

 

[Kosmik]

Best move. Been on prepaid for years.

Moved the wife across a year ago, what a pleasure. Cheaper, less hassle, no erroneous billing and bad debit orders, great stuff.

 

[falcon786]

Moved the wife across a year ago, what a pleasure. Cheaper, less hassle, no erroneous billing and bad debit orders, great stuff.

Pleasure indeed to run out of airtime when you need it most.

 

[lotus123]

Pleasure indeed to run out of airtime when you need it most.

Never happens these days. Either use Internet banking USSD (if no airtime and data available for mobile banking), or get "airtime advance with USSD code.

And no OOB shark - ever.

 

[Kosmik]

Never happens these days. Either use Internet banking USSD (if no airtime and data available for mobile banking), or get "airtime advance with USSD code.

And no OOB shark - ever.

Exactly.