
MTN earns β¦98b half year profit, adds 3.3m new subscribers
Telecommunications firm, MTN has earned β¦98.9 billion profit in the first half of 2019, ended June 30 and added 3.3 million new subscribers to its network, pushing its subscribers base in Nigeria to 61.5 million.It explained that its service revenue increased by 12.2 per cent; voice revenue by 11.4 per cent, while data earnings grew by 31.7 per cent.
Its result released yesterday indicated that its Fintech revenue increased 21.2 per cent, while earnings from its digital businesses increased by 64.5 per cent.
The telecommunications firm, which made significant changes in its Nigerian board composition on Wednesday, said with its …