MTN Group reaches 203.8m subscribers

MTN Group reaches 203.8m subscribers
Sifiso Dabengwa, MTN Group President and CEO.
Published: 27 October 2013 - 9:18 a.m.
By: Roger Field

South Africa’s MTN Group reaches 204 million subscribers in 22 countries across Africa and the Middle East by the end of the third quarter of the year.

Sifiso Dabengwa, MTN Group President and CEO, said that the group’s subscriber growth was limited to 1.1% quarter on quarter, with growth held back by disconnections in Nigeria related to registration requirements.

The operator said that it added 233,000 subscribers in South Africa, bringing total subscribers in its home country to 25.2 million at the end of the quarter.

Dabengwa added that the group continued to focus on segmented competitive voice and data tariffs and improving network quality to cater for increased traffic during the third quarter. “Data and mobile money remain a key focus for the Group with traditional voice revenue under pressure,” he said.

Data revenue for the group increased by 34.7% year-on-year, contributing 14.1% to total revenue while mobile money subscribers increased 10.7% quarter-on-quarter to 13.4 million across 13 operations.

In South Africa, revenue growth declined, year-on-year, mainly due to lower effective voice tariffs and slower subscriber growth. Data remained the largest contributor to revenue growth in South Africa, increasing increase of 16.6% year-on-year, the company said.

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