MTN Group, Africas largest mobile operator, has reported that its subscriber base reached 170.6 million at the end of March, up 3.7 per cent quarter-on-quarter
The group’s key markets of South Africa, Nigeria, Iran, Ghana and Syria contributed about 70 per cent to its consolidated subscriber base.
The number of subscribers rose by around 3 per cent in South Africa and Nigeria, while its customers in Iran increased by more than 6 per cent.
The rest of MTN’s operations (in Uganda, Sudan and Cameroon) contributed about 30 per cent to group subscribers, representing an increase of 3.5 per cent in users.
The Group continues to prioritise key initiatives to better manage the business as consumer trends evolve and competition intensifies.
Data and related products and services continued to gain momentum. Data, including SMS, contributes 14.4 per cent to revenue, driven mainly by MTN South Africa, according to the company.
Mobile Money has now been launched in 13 countries. At the end of March 2012, MTN had 6.2 million Mobile Money subscribers.
Initiatives to optimise costs continue to be rolled out and the centralized procurement initiative is showing solid progress.
Network quality and capacity remains a key imperative for the Group. The majority of the operations continued to aggressively rollout network and achieved satisfactory progress for the quarter, the company said.
