MTN Nigeria Subscribers Grow

Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Nigeria has published its financial year results – ending December 2020 – which reveal an increase of 12.2 million mobile subscribers to total 76.5 million. The telco also recorded: Active data users increased by 7.4 million to 32.6 million Service revenue increased by 14.7% to NGN1.3 trillion Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 9.7% to N685.7 billion EBITDA margin declined by 2.5 percentage point (pp) to 50.9% Profit before tax (PBT) grew by 2.6% to N298.9 billion Earnings per share (EPS) rose by 0.9% to N10.1 MTN Launches Supersonic AirFibre in South Africa MTN has launched its Supersonic AirFibre offering in South Africa. The product is said to overcome distance and a lack of infrastruct...