MTN reports small gain in total subscribers in September quarter
MTN reported a small gain of 0.9% in total subscriber numbers to 234.7-million in the September quarter from the June quarter, with growth in Nigeria outweighing a drop in SA. MTN appears to be recovering from the 7% drop in subscriber numbers it suffered in Nigeria from the December quarter to the March quarter after it was forced to cut off unregistered subscribers. Its Nigerian subscribers grew 2.5% to 60.5-million at the end of September from the end of June. Its Nigerian subscribers reached a peak of 62.8-million at the end of June 2015,, its September quarter update released on Monday morning showed. In SA, MTN’s subscriber numbers fell 0.5% to 29.7-million. "This was as a result of a 0.7% decline in the pre-paid subscriber base to 24.5-million, largely due to churn from low revenue-generating customers. The post-paid subscriber base increased by 0.7% to 5.2-million, benefiting from an improved customer experience, network quality, segmented customer offerings and attractive p...
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