MTN loses subscribers in Home Market. Other Markets perform comparatively better.
MTN connects over 195 million customers in 22 countries, but its home operation of South Africa experienced a 1.9% decline to 24.950 million subscribers from 25.421 million in Q4 2012.
Despite the fall in absolute numbers, MTN managed to maintain market share in South Africa, according to MTN Group President and CEO – Sifiso Dabengwa.
MTN South Africa: Average price per minute (PPM) declined 5.5% compared to the same period a year earlier affecting revenue growth capability. Blended ARPU declined a huge 8.1% to R110.62 as a result of promotional activities and a decline in effective tariffs.
MTN claims that towards the end of the quarter, there had been some signs of improvement in both subscriber and revenue trends. Data revenue is a key focus area for MTN, and active data subscribers stood at 13.3 million, data revenue, including MTN Business and mobile data, increased approximately 15.7 percent Year-on-Year.
MTN Nigeria: Net Additions went up by 3.9 Mn, and increase of 8.1 percent QoQ. Market share rebounded to 49.7 percent. Data subscribers reached 22.8 Mn and Data revenue went up by 63.5 percent YoY.
Network roll-out progressed rapidly too, with 450 new 2G sites during the quarter compared to 211 in the same period last year, and 259 new co-located 3G sites, bringing the total number of 3G sites to 3,508.
MTN in other countries:
MTN Ghana: Subscribers went up by 2.5% QoQ, adding 290,000 subscribers. Data subscribers reached 4.1 million and data revenue increased 67.3% YoY.
MTN Irancell: Subscribers went up by 2.6% QoQ. Data subscribers remained stable at 10.1 million at the end of the quarter and data revenue increased 58.6% YoY.
MTN Cameroon: Subscribers went up by by 2.6% QoQ, adding 192,000 subscribers in the period. Data subscribers reached 600,000 at the end of the quarter and data revenue increased 42.9% YoY.
MTN Ivory Coast: Subscribers went up by 5.8% QoQ, adding 354,000 subscribers, while data subscribers reached 900,000 at the end of the quarter and data revenue increased 41.1% YoY.
MTN Uganda: Subscribers went up by 3.2% QoQ adding 248,000 subscribers. Data subscribers reached 1.2 million at the end of the quarter and data revenue increased 53.6% in YoY.
MTN Syria: Business faces challenging security and other issues. There were net disconnections of 364,000, a 6% decrease QoQ, with both revenue and margins coming under pressure. This is expected to continue unfortunately, according to MTN.