MTN gets a boost from data as subscribers decline

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MTN gets a boost from data as subscribers decline

Published Date: 2017-10-25 | Source: Stephen Gunnion | Author: Stephen Gunnion

MTN gets a boost from data as subscribers decline

The mobile operator has been rolling out more 3G and 4G sites to support demand for data

MTN has recorded strong growth in revenue from its data and digital services, making up for a pullback in subscriber numbers in the three months to end September. Out with a quarterly update yesterday, the group said it had invested in its network, rolling out more 3G and 4G sites to support demand for data services. In South Africa and Nigeria, it said the network investments were showing encouraging improvements in network quality and its net promoter score, a measure of customer satisfaction.

MTN says group subscribers declined by 0.7% quarter-on-quarter to 230.2 million. This was due to lower reported subscribers in Nigeria as it continues to refine how it defines active subscribers. It also discounted around 750 000 subscribers in Uganda as a result of regulatory SIM registration requirements. Customers using MTN Mobile Money grew by 10.6% to 19.8 million.

The mobile network operator continues to feel the effect of currency fluctuations. While revenue increased by 6.9% in constant currency, on a reported basis, total revenue fell by 13.4% due to exchange rate movements.

Related article: Vodacom revenue rises in Smartphone sales


Shuter said MTN expects to complete the modernisation of its subscriber definitions by the end of the year. Despite continued challenging economic growth across its markets, Shuter said the group remained on track to meet its full-year guidance.


MTN's shares added 1% to close at R128.



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