Lower load shedding boost for MTN

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Lower load shedding boost for MTN
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Despite challenges across several of its operating markets, MTN has received some relief in its home market.

Decreasing levels of load shedding has benefited MTN’s network performance, with the group seeing a marginal increase in subscriber numbers.

“Power outages in South Africa continued to be a challenge in the period, however, the significant progress made in our network resilience programme – which is tracking slightly ahead of plan – combined with lower load shedding in Q3 , has supported average network availability of above 95%,” Mupita added.

Data was again the central area of growth for the business as mobile data revenue jumped 8.3% YoY, making up 47.9% of MTN SA’s service revenue YTD. This comes after a 3.4% increase in active data subscribers to 19.5 million. The group said that it will curb inflation and shocks to its businesses through its reliance initiatives in its commercial, supply chain, network and financial services operations.

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BusinessTechSA /  🏆 24. in ZA

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