Fidelity bank banner Bayelsa State banner
MTN suffers decline in subscriber numbers

By News Express on 03/05/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 673


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 Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Pay pension arrears first before building N200m and...

Ex-Governor calls for Fani-Kayode’s arrest

BREAKING: Senator Dino Melaye arrested, moved to SARS...

Clouds, rains and sunshine to dominate today’s weather...

Nollywood films break into Hollywood

IPOB to Justice Binta Nyako: Do justice to...

Nigeria to host World Pension Summit

Utuama lauds DELSU VC at book launch

Fidelity Bank proposes dividend of 11k per share...

Akwa Ibom to prosecute 9,000 workers for alleged...

Court remands Senator Jang in prison pending bail...

Erosion threatens two major federal roads in Anambra...

 

Latest News 2018 Budget Cuts: South East, Niger Delta worst hit My imprisonment story: Judge jailed me because I refused to give him bribe — Uwazuruike 2019: PDP woos Obasanjo Tough contest for seven key offices as APC holds convention Army kills 7 Boko Haram terrorists, recovers weapons in Borno Ohanaeze demands immediate release of Senator Abaribe by DSS Buhari reinstates 3 suspended permanent secretaries 2 toddlers drown in Jigawa pond Negotiations for Chibok/Dapchi girls release stalled Buhari appoints 4 CBN Non-Executive Directors, others EFCC receives 654 petitions from Edo, Delta, Ondo Osinbajo launches tech hub, says Nigeria future in technology

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (352,793 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (352,494 views) Shameless Genevieve Nnaji exposes breasts in public (280,733 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (230,463 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (209,313 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (209,184 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (182,118 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (164,293 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (154,076 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (148,901 views) Lagos plane crash: Journalist releases victims’ names (144,081 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (135,831 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (50) Business & Economy (3,265) Business Verdict (44) Columnists (871) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (506) Features (607) Global Business Monitor (284) International (2,050) Interview (155) Live Commentary (28) Love Matters (124) News (36,431) Opinion (1,005) Pidgin (10) Politics (5,316) Religion (772) Sports (1,559) Stock Watch (30) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Argentina vs Croatia Goals

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement