JOHANNESBURG - MTN, Africa’s mobile giant reported has reported a 0.7% decline in subscriber numbers in the September quarter.
The company said that group subscribers declined marginally by 0.7% quarter-on-quarter to 230.2 million.
This was “largely driven by lower reported subscribers in Nigeria as we continue to refine our active subscriber definitions as well as the disconnection of approximately 750 000 subscribers in Uganda as a result of regulatory SIM registration requirements,” the company said.
MTN said in South Africa, the prepaid business performed well and progress was being made in the postpaid segment particularly in consumer postpaid where it now had a positive net-adds year to date.
“In Nigeria, our month-on-month gross connections have increased, and we experienced stable subscriber market share over the quarter while driving increased value share,” the company said.
- BUSINESS REPORT