Johannesburg-based African operator MTN Group says that as at 30 September 2013, it recorded 203.762 million subscribers across its operations spanning 22 countries across Africa and the Middle East, up 1.1% quarter-on-quarter from 201.534 million at end-June. However, it noted a slowdown in subscriber growth due to increased price competition and registration regulations. Commenting on the latest operational results, MTN Group president and CEO, Sifiso Dabengwa, said: ‘The third quarter has been characterised by lower than anticipated subscriber growth following ongoing price competition and subscriber registration requirements across a number of markets. Subscriber growth was limited to 1.1% quarter-on-quarter, mainly impacted by disconnections in Nigeria related to registration requirements, slower than expected subscriber growth in South Africa, as well as slower subscriber growth in Iran. During the quarter, the group continued to focus on segmented competitive voice and data tariffs, and improving network quality to cater for increased traffic. Data and Mobile Money remain a key focus for the group, with traditional voice revenue under pressure. Data revenue for the group increased by 34.7% year-on-year, contributing 14.1% to total revenue, while Mobile Money subscribers increased 10.7% q-o-q to 13.4 million across 13 operations.’
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