MTN grows subscriber base by 7%

Business

MTN South Africa grew its subscriber base by 7.1% at the end of March to reach 34.5 million subscribers.

It’s seen good performance in both prepaid and contracts.

The network operator said it also saw a group double-digit service revenue growth despite a challenging macro-economic environment.

The company said power cuts in South Africa have impacted network availability.

As a result, it has had to increase investment in batteries ahead of the winter period as it anticipates that the risk of power cuts may remain high.

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