MTN surge in W Africa customers brings joy

CAPE TOWN - Africa's biggest cellular provider MTN posted bumper group data revenue for the March quarter, coupled with growth in voice calls that was helped by a surge in its customer base in the west African countries of Nigeria and Ghana.

The mobile operator yesterday said that group data revenue grew 26.9% during the quarter to end March.

MTN chief executive Rob Shuter attributed the robust growth to the rollout of the company's dual-data strategy that is aimed at boosting data coverage across its footprint of 22 countries.

“Digital service revenue is a material opportunity for the group, led by MTN Mobile Money (MoMo) and rich-media services. MoMo revenue increased by 52.4% year-on-year,” Shuter said.

The MTN group reported a 5.4% group voice revenue growth, buoyed by strong growth in Nigeria and Ghana of 15.2% and 20.6% respectively.

Group service revenue increased 9.1%. Group subscribers increased by 1.9% quarter-on-quarter with net additions of 4.1 million helped by Ghanaian subscriber growth in the quarter, with net additions of 484000 to reach a total of 16.2million subscribers.

Shuter said the group continued to focus on operational execution across its markets during the quarter, leveraging off the strong network investment of the

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