MTN Group adds 4.1 mln new subscribers in Q1

(Telecompaper) MTN Group added 4.1 million new subscribers in the first quarter, ending March with a total of 221.3 million in 22 countries across Africa and the Middle East. That represents a 1.9 percent increase quarter-on-quarter. Active MTN Mobile Money customers increased by 3.9 percent on a quarterly basis to 22.7 million, and mobile money revenues were up 52.4 percent year-on-year. MTN also reported group voice revenue up 5.4 percent thanks to strong growth in Nigeria and Ghana, and data revenue up 26.9 percent as it expanded coverage across its footprint. …read more

Source:: TelecomPaper