The MTN Group has reached the 100 million subscriber mark across its network operations in Africa and the Middle East. With its telecommunications network covering a population of approximately 500 million, the 100 million subscriber mark means that 1 in 5 people in MTN’s 21 markets in Africa and the Middle East subsribes to their ofeferings.<\/p>\n
The Group recorded 98,203,000 subscribers at 31 March 2009 – up 8% from 31 December 2008 – touching the all-important 100 million mark in April this year as the telecoms operator signed up more customers.<\/p>\n
MTN Group President and CEO Mr. Phuthuma Nhleko says: “For a 15-year-old company operating amid increased competitive intensity in all its markets, this is a most satisfactory performance by MTN. This affirms our leadership position in many areas of our business”.<\/p>\n
“MTN’s success is also attributable to a business model that has included sound financial investment, strong corporate governance, effective management and corporate social responsibility,” explained Mr. Nhleko.<\/p>\n
He paid tribute to MTN’s culturally diverse staff of over 40 nationalities across the company’s markets, saying their “can-do” spirit and “innovative mindset” had placed the MTN Group in a strong competitive position. <\/p>\n
The proportional subscriber contribution between the regions remains relatively unchanged with that at 31 December 2008. South and East Africa (SEA) region contributed 26% (December 2008: 27%) of the Group’s total subscribers while West and Central Africa (WECA) and Middle East and North Africa (MENA) contributed 45% (December 2008: 44%) and 29% (December 2008: 29%), respectively.<\/p>\n