Shell Energy Entrepreneurs banner Yudala banner
MTN suffers decline in subscriber numbers

By News Express on 03/05/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 517


MTN suffered a 1.5% decline in its total subscriber numbers to 237-million in the first quarter of 2017 from 240-million in the fourth quarter of 2016.

“While our reported subscriber numbers are lower than we had expected, this is largely the result of an ongoing review of subscriber definitions. We are planning to further modernise our internal subscriber definitions to more closely align with the changing mix of revenue streams and will report on this at the end of the first half of 2017,” MTN CEO Rob Shuter said in the quarterly update released on Wednesday morning.

Its South African subscriber base fell 1.7% to 30.2-million in the March quarter from 30.8-million in the December quarter, with prepaid subscribers falling 2% to 25-million and postpaid, or contract, subscribers falling 0.5% to 5-million.

“While subscribers declined in the quarter as a result of traditional seasonality, we remain committed to our net additions guidance of 630,000. We are encouraged by the progress made in our relationship with our franchise channel and this, together with the ongoing systems and process improvements, should drive continued improvement in the customer experience,” Shuter said.

Its average revenue per user (Arpu) from its South African subscribers fell 1.8% to R90.88 a month in the first quarter from the previous quarter, but was 9.4% higher than the first quarter in 2016.

The average monthly cellphone revenue from prepaid users fell 8.65% to R70.83 over the three months while postpaid Arpu fell 9% to R149.58.

“In SA, we are making progress in tackling our underperformance in the postpaid segment although it will take time for this to reflect in our financial performance,” Shuter said.

MTN’s sharpest drop was in Ghana, where subscriber numbers fell 13% to 17-million over the three months to end-March.

“This was impacted by the review of subscriber definitions resulting in the disconnection of 3.4-million subscribers. After adjusting for these, net additions in the quarter were 893,000,” MTN said in the update.

Nigeria, MTN’s largest market, suffered a 2.3% drop in subscribers to 60.5-million in the March quarter from 62-million in the December quarter.

“This was impacted by new regulations that require all subscriber connections to take place in permanent brick and mortar structures. This led to a marked reduction in gross connections across the industry. MTN Nigeria has also continued with the process of excluding subscribers whose only activity is receiving incoming SMSes.” (BD)

Source News Express

Posted 03/05/2017 9:48:16 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

 

You may also like...
70 per cent of smokers liable to lung...

Buhari’s party raises questions over lifting of DANA...

UAE firm invests $18.5 billion in Abuja Centenary...

Senate suspends plenary over death of Senator Isiaka...

President Buhari: Is The Presidential Villa Cursed?

Nigerian firms in trouble as CBN measures backfire...

Osinbajo due in Osun to flag off cheque...

Negotiations with militants on course —Kachikwu *Oil production...

Senate, Reps leadership hold secret meeting to forge...

Corruption: Group calls for citizen action against Saraki,...

Lagos, Kebbi launch 50kg/N12,000 rice •25kg sells for...

Nigeria @ 57: Gov. Sani Bello urges Nigerians...

 

Latest News NiMet predicts dust haze, mist/fog, sunny weather for Wednesday CHAN 2018: Super Eagles zoom to quarter-finals in grand style Tony Elumelu Foundation to create 1 million jobs Senate to investigate $137m corruption case in NNPC Mobil, Lagos family at war over lease agreement Fulani herdsman apprehends militant on jailbreak mission Asset declaration: Saraki’s trial resumes Feb. 6 500 junior police officers get motorcycles Reps probe IGP over unlawful arrest, detention of Elombah Brothers Lagos donates 30 power bikes to security agencies Our visit to Buhari unconnected with Obasanjo’s statement — Tinubu, Akande INEC sensitises Enugu communities on voters’ registration, accountability in governance

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (316,878 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (307,556 views) Shameless Genevieve Nnaji exposes breasts in public (245,884 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (201,997 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (190,565 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (180,173 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (156,281 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (140,688 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (136,462 views) Lagos plane crash: Journalist releases victims’ names (124,976 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (122,424 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (119,258 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (33) Business (2,858) Business Verdict (32) Columnists (792) Complaints & Requests (94) Enterprise & Opportunities (201) Entertainment (432) Features (542) Global Business Monitor (222) International (1,754) Interviews (139) Live Commentary (28) Love Matters (100) News (32,136) Opinion (870) Pidgin (10) Politics (4,373) Religion (667) Sports (1,411) Stock Watch (26) AMA & Al Jazeera Global Update

 

CBN Banner advert

CBN Words on marble

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!