MTN Group`s global subscriber base has surpassed the landmark of 150mnMTN Group`s global subscriber base has surpassed the landmark of 150mn
An addition of 8.4mn customers during the initial four months of this year has largely been instrumental in pushing the numbers higher up.
MTN South Africa is being credited for continuing with a sound financial performance in a relatively mature market.
So far, it is being continually noted the operation’s EBITDA margin showing a positive upwardly trend; lower selling and distribution costs and somewhat the controlled network operating costs are reported to be main factors MTN Nigeria saw a slight decline in revenue growth as increase in usage was neutralised in part by the decreased tariffs, initially rolled out in the form of a revised tariff plan in February 2011.