MTN Group said it delivered a solid Q1 2022 performance, with double-digit service revenue growth in a challenging macroeconomic environment.
MTN Group says it delivered a solid Q1 2022 performance, with double-digit service revenue growth in a challenging macroeconomic environment.
Additionally, supply chains experienced disruptions, and to mitigate the risks of network rollout we accelerated capital expenditure in the quarter under review, he said. MTN SA closed the quarter with a total of 34.5 million subscribers, an increase of 7.1%, driven by higher gross additions. The postpaid subscriber base continued to expand, with an increase of 7.4% to 7.5 million on the back of solid growth in integrated voice and data-centric plans.MTN SA’s drive to grow mobile data revenue led to data traffic growth of 46.7% and a 14.1% increase in active data users to 17.3 million. This underpinned a 14.3% increase in overall mobile data revenue.
“Network availability and quality has been affected by load shedding from the national grid, as well as ongoing theft and vandalism of towers since Q4 2021. To mitigate these impacts, MTN SA rolled out a comprehensive resilience plan including additional batteries, generators and enhanced security features,” the group said.
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