MTN Ghana grows earning by a third in first quarter of 2020
The company also increased subscribers and data subscribers by 6.2% and 5.4%, respectively, but warns of rough times ahead amid Covid-19
Africa’s largest mobile operator MTN said on Wednesday that it grew its earnings by more than a third in its Ghana operation for the first quarter of 2020.
MTN Ghana grew its service revenue by 20.4% to GH¢1.43bn (R4.5bn), for the three months to March, while earnings before interest, tax, depreciation and amortisation were up 34.5% to GH¢768m. This was underpinned by double-digit growth in voice, data and Mobile Money revenue...