MTN South Africa invested R10.1-billion in its network in 2023 as it fought the impact of severe load shedding.
As a result, it said it has managed to offset the risk of customers leaving for rival networks, while delivering what MTN Group described as a “resilient” performance given the difficult trading environment.
By December 2023, MTN South Africa’s network availability had improved significantly and ahead of schedule MTN South Africa increased its subscriber base by 2.4% to 37.4 million, with net additions of 893 000 for the year. The number of post-paid subscribers grew, reaching 4.1 million. Prepaid customers increased by 0.3% to 28.3 million.
MTN South Africa’s national roaming revenue rose by 26.1%, “driven by Cell C revenues as well as the steady scaling of the multi-year national roaming agreement with Telkom”.Data now makes up 47.8% of MTN South Africa’s service revenue; data traffic grew by 27.7% in 2023. An active prepaid data subscriber now consumes an average of 3GB/month of data, up 15% year on year, while an active post-paid data subscriber uses an average 16.5GB, up 29.6%.
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