MTN South Africa loses subscribers

MTN has released its group interim financial results for the six months ended 30 June 2016, which show a decline in South African subscriber numbers.
South African subscribers dropped by 2.6% to 29.8 million, which MTN said was a result of:
- Network outages in some areas
- Competition
- Economic pressure impacting consumer spending
“The prepaid and post-paid segments declined by 2.7% to 24.7 million and 2.1% to 5.1 million, respectively,” said MTN.
The local operation saw an increase in revenue, though, which was up 5.1%.
Data revenue and usage also increased in South Africa, climbing 19.2% and 53.8% respectively, while the number of smartphones on the network increased by 18.4% to 9.3 million.
The MTN Group also saw a revenue increase, rising 14.0% to R78.8 billion.
Group data revenue increased by 32.2% to R19.8 billion, while data traffic increased by 135.3%.
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