MTN Nigeria Subscribers
Nigeria Has Yet to Renew MTN’s Licence in the Country
Sourced from Business Tech Nigeria’s Communication Commission (NCC) said on Tuesday that MTN Nigeria’s application to renew its operating licence for the next 10 years was still undergoing regulatory processing. In March, MTN Nigeria said that it was at an “advanced stage” in renewing its operating spectrum and licence from September. This spectrum encompasses the company’s data network and telecom coverage in Africa most populous country and largest economy. The NCC has said that recent online media reports stating that the telco’s application for its licence renewal had already been granted are false, according to Reuters. “The Commission wishes to state that while MTN Nigeria has applied for the renewal of the Unified Access Service Licence (UASL) granted to it by the Commission, the ap...
MTN Nigeria Reports Increased Earnings Despite Losing 7.6M Subscribers
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Nigeria has released its unaudited results for the half-year ended June as the telco celebrates its 20th anniversary. The results show that its mobile subscriptions had declined by 7.6-million to 68.9-million. Subscriptions had been significantly impacted by regulatory restrictions on new SIM sales and activations. Active data users also saw a decline by 52,000 to 32.5-million. However, Independent Media reports that MTN Nigeria saw voice revenue grow by 13.1%, benefiting from an 11.8% increase in traffic and its new customer value management initiatives. The impact of the industry-wide suspension of new SIM registrations was partially mitigated by higher usage in the company’s active SIM base, as well as the firm’s migration to “hi...
