The MTN Group released an update for the quarter ended 30 September 2024.
MTN has released an update for the quarter ended 30 September 2024, revealing slight growth in revenue and earnings before interest, tax, depreciation, and amortisation in South Africa.
MTN South Africa reported service revenue of R30.99 billion for the year to the third quarter of 2023, which grew to R32.02 billion in the same period this year. MTN South Africa also reported data, fintech, digital, enterprise, and wholesale revenue growth, although it didn’t provide monetary figures:Digital revenue increased by 13.6%At the same time, outgoing voice revenue declined by 5.5%.
“Postpaid subscriber numbers grew by 2.7% to 4.2 million , and prepaid customers grew by 6.2% to 29.5 million,” it added.
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