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Nairaland Forum / Nairaland / General / Business / MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops (4875 Views)
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MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Nobody: 12:23pm On Oct 31, 2017 |
Nigeria’s largest mobile carrier, MTN with over 50 million subscribers said it is total revenue for Nigeria in Q3 rose by 11.2% supported by data revenue growth of 72.1%. MTN Group president and chief executive officer Rob Shuter said the key growth drivers of data and digital services performed well. The South Africa-based MTN Group also noted that the Q3 revenue was “largely driven by lower reported subscribers in Nigeria as we continue to refine our active subscriber definitions as well as the disconnection of approximately 750 000 subscribers in Uganda as a result of regulatory SIM registration requirements”. However, the group’s total subscribers fell to 230.2 million with Nigeria’s company’s subscriber base falling to 50.3 million, which represents a 5.2% quarter on a quarterly decline. The telecoms landscape have been experiencing a turbulent business operating environment with the decline in voice revenue due to increased offerings of internet-enabled multimedia (voice, images, and video calls) mobile applications such as WhatsApp and BBM Messenger. MTN has not also given an update on its proposed listing on the Nigeria Stock Exchange, NSE yet. SOURCE: https://brandspurng.com/mtn-nigeria-reports-11-2-rise-in-revenue-as-subscriber-drops/ 1 Like
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Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Tunagee(m): 7:01pm On Oct 31, 2017 |
BlueBrothers: Who cares. A company full of selfish management teams that uses contract staffs as slaves for several years without conversion to permanent status. MTN is the only company in Nigeria where contracts staffs spend 10 -13 years as contracts without any hope of converting their contract staffs that have worked for them for very many years. They would rather keep a position supposed to be advertised for their siblings and relatives who are still in school, than to convert a contract staff to permanent status. An organisation that does not condemn the usual barbaric acts against Nigerians in his home country,South Africa. An organisation that would rather renew your subscribed service without informing u. A company comprised of selfish managements that chose to remove your credits and airtime without your permission; they knew they could seek permission, but decides to dubiously take away ones money. Thank to NCC. An organisation where the Top Executives(usually known as Execs)are always involved in one shady deal or the other at the expense of the company, and then advised to resign. A company full of selfish managements and board members that would decide to keep contract staffs on one spot for many years because of their huge stakes in the outsourcing firms who manage the welfare of the outsourced staffs. The management even decided to push away a Top Executive know for showing very much concern about contract staffs welfare. A selfish management teams that would buy cheap staff buses with hard seats that can break spines when u sit for long. Your time is up MTN! Your downfall has begun! 11 Likes |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Nobody: 6:44am On Nov 01, 2017 |
Gooooooood morning Nigeria.. |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by eleojo23: 6:55am On Nov 01, 2017 |
Tunagee: Blame your government for not doing enough to protect the interest of the citizens. 3 Likes |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by calddon(m): 6:56am On Nov 01, 2017 |
The mods have the mind to move this thread to the front page but all subscribers to 9mobile network were left without service for close to 72hours in enugu and a thread (https://www.nairaland.com/4148203/no-network-reception-9mobile-enugu)was created and they were unable to push it to front page. Now service has been restored and everything back to normal as if nothing ever happen.....not even an apology sms from 9mobile and why will they? Afterall the world never knew of their perfomance blunder I shake my head...injustice everywhere...if its snake this or bobrisky that, lalasticlala wont hesitate to move it to front page....so so annoying. 5 Likes |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by GavelSlam: 6:56am On Nov 01, 2017 |
All positive indices. Thank you Buhari. 2 Likes 1 Share |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Nobody: 6:57am On Nov 01, 2017 |
They've been scamming Nigerians since inception, why won't they have a rise in revenue even though subscribers dropped?. |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by shakol91(m): 7:00am On Nov 01, 2017 |
MTN na thieving company, selling 1gig with 500mb as bonus for 1k attached with devilish condition of using the bonus between 1am-7am. Another slavery tariff. I'm begging glo and others to expand their network coverage so that I can dump mtn 2 Likes |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by thrugemaster(m): 7:00am On Nov 01, 2017 |
When 2.5GB no dey last 1 week 2 Likes |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Nobody: 7:01am On Nov 01, 2017 |
just passing |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Sharon6(f): 7:01am On Nov 01, 2017 |
Congratulations to them with that their data that doesn't last. GET OUR STRETCH MARKS REMOVER ON PROMO PRICES... CHECK MY SIGNATURE |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by awa(m): 7:01am On Nov 01, 2017 |
MTN and their wahala... Huawei would commence Manage Service in your Network today and I hope they revive your Network positively.... |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by agarawu23(m): 7:02am On Nov 01, 2017 |
MTN barawo |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Perfectionist11: 7:05am On Nov 01, 2017 |
GavelSlam: So,the prosperity of a foreign telecommunications company while our own Glo continues to lag behind is an achievement?. Thank you Buhari!. |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Rexnegro(m): 7:08am On Nov 01, 2017 |
thieves |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by NtoAkwaIbom(m): 7:10am On Nov 01, 2017 |
Other networks sell their card at 950, mtn sells theirs at 980..
How will they not make profit, stealing from us |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by MrGreenMavro: 7:10am On Nov 01, 2017 |
EXECUTHIEVES |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by thrugemaster(m): 7:12am On Nov 01, 2017 |
thrugemaster: |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by hanassholesolo: 7:17am On Nov 01, 2017 |
calddon: Sub human Multinational companies don't care about their customer base, wow how shocking More news at 7. |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by calddon(m): 7:19am On Nov 01, 2017 |
hanassholesolo:only in Nigeria |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Nbote(m): 7:21am On Nov 01, 2017 |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by omoadeleye(m): 7:22am On Nov 01, 2017 |
Why won't they? When they have revisited their data price and data allotment policy... |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by ctuagent007: 7:25am On Nov 01, 2017 |
Mtn, Dstv, Shoprite, etc are 80% owned by our 9ja political elites.....take it or leave it 2 Likes |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by wickyyolo: 7:26am On Nov 01, 2017 |
Stealing our money by subscribing for services without customers consent |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Rekeb: 7:28am On Nov 01, 2017 |
Perfectionist11: More Nigerians have shares in MTN Nigeria than Globacom! 2 Likes |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by GavelSlam: 7:30am On Nov 01, 2017 |
Perfectionist11: They employ Nigerians. Their presence in Nigeria spurned a new wave of possibilities for Nigerians from different socio-economic and vocational backgrounds. Should the company die, you would be amongst those who would blame the president. 2 Likes |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by deco22(m): 7:31am On Nov 01, 2017 |
When they are stealing people's money,y won't they b making money,subsribing u to different tins and taking ur money,the day God will punish dem |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by Dee1murphy(m): 7:31am On Nov 01, 2017 |
Tunagee: The use their staffs as executive factory workers. ...Emthyhen 1 Like |
Re: MTN Nigeria Reports 11.2% Rise In Revenue As Subscriber Drops by anitapreeti(f): 7:36am On Nov 01, 2017 |
Why not?? When those of us remaining are paying for the lost subscribers I can't wait to port to 9mobile jare!! |
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