MTN Group reports 16.7% growth in data revenue

Subscriber base grow 1.8% quarter-on-quarter
MTN Group reports 16.7% growth in data revenue

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MTN group has announced that its reported data revenue increased by 16.7% year-on-year, contributing 20.8% to total revenue. Organic data revenues increased 24% year-on-year.

The subscriber base grow 1.8% quarter-on-quarter, adding 4.1 million subscribers.

MTN South Africa recorded muted subscriber growth, ending quarter with 28 million subscribers.

The firm said that the number of registered mobile money subscribers across the group was 27.4 million, rising 23.2% qoq across 14 operations.

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