{"id":547345,"date":"2005-11-23T19:05:22","date_gmt":"2005-11-23T19:05:22","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/547345-mtn-subscriber-base-grows-32-to-20-5mln.html"},"modified":"2005-11-23T19:05:22","modified_gmt":"2005-11-23T19:05:22","slug":"mtn-subscriber-base-grows-32-to-20-5mln","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/547345-mtn-subscriber-base-grows-32-to-20-5mln.html","title":{"rendered":"MTN subscriber base grows 32% to 20.5mln"},"content":{"rendered":"

The diluted earnings per share rose 29% to 230.1 cents, profit for the period under review increased 31% to 4.462 billion rand while revenue jumped 25.2% to 17.2 billion rand.<\/font><\/p>\n

The company, with operations in nine sub-Saharan African countries, reported a 32% rise in subscribers to 20.568 from the previous 15.641 million users.<\/font><\/p>\n

In South Africa, MTN’s customer base grew 12% to 8.9 million while in Nigeria – Africa’s most populous country with 137 million inhabitants – the company’s base steamed ahead 38% to 7.667 million from 5.5 million. In Nigeria, MTN is competing with Telkom (TKG) and others for a controlling stake in the fixed-line operator Nitel bundled with mobile arm M-Tel. <\/font><\/p>\n

Although the Nigerian growth and recent acquisitions have helped MTN become Africa’s largest mobile operator, MTN is ranked second in South Africa behind Telkom-held Vodacom which has 15.8 million subscribers in the country.<\/font><\/p>\n

Vodacom has a total of 19.1 million subscribers across its five markets, including Tanzania and the Democratic Republic of Congo.<\/font><\/p>\n

Elsewhere on the continent, MTN’s base grew 23% to 1.1 million in Cameroon where it competes with Orange of France and 14% to 0.9 million in its fourth largest market, Uganda, where it also runs the second fixed-line network.<\/font><\/p>\n

During the period under review, MTN increased its number of markets to eight with acquisitions in the Ivory Coast which has 0.9 million users and Zambia with 91,000 subscribers.<\/font><\/p>\n

Subsequent to September 30, the operator entered the Botswana market and looks set to deploy in Iran once the licence has been issued while it awaits a decision on Tunisia which could see its footprint ont he African continent rising to 11.<\/font><\/p>\n

Average revenue per users (ARPU) fell 9% to 168 rand per month in South Africa. Nigeria and Cameroon also experienced a decline in ARPUs.<\/font><\/p>\n

I-Net Bridge<\/em> <\/font><\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Listed mobile phone company MTN Group (MTN) on Wednesday reported a 30.8% rise in adjusted headline earnings per share to 222.5 cents for the six month period ended September 30 versus 170.1 cents reported last year.<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-547345","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/547345"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=547345"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/547345\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=547345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=547345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=547345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}