Nigeria, yesterday, announced an addition of 2.1 million new subscribers to its network at the end of the first quarter 2019.
In an unaudited result released by the telco yesterday, for the quarter ended March 31, 2019, it also announced an increment in service revenue by 13.4 percent even as it grew voice revenue by 12.7 percent. Its Earnings Before Interest, Taxes, Depreciation and Amortisation, EBITDA, margin also increased by 11.5 percentage point to 53.3 percent in an International Accounting Standard, IAS, 17: 44.2 percent basis.MTN said releasing the unaudited result was in line with global best practice and aligns with the International Financial Reporting Standards, IFRS, 16 accounting standards.
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MTN adds 2.1m subscribers, grows service revenue by 13.4%MTN Nigeria, yesterday, announced the addition of 2.1 million new subscribers to its network at the end of the first quarter of 2019. vanguardngr Growing epileptic services. Poor service level vanguardngr Still growing in shitty service
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SEC Approves MTN Listing On NSEThe Securities and Exchange Commission (SEC) said that it has approved MTN Nigeria’s application to list on the Nigerian Stock Exchange (NSE) by way of introduction. Mrs Efe Ebelo, SEC Head, Corporate Communications, confirmed this to the News Agency of Nigeria (NAN) in Lagos. Ebelo said the commission has approved the company’s application to be […]
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SEC Approves MTN Listing on NSE - THISDAYLIVEThe Securities and Exchange Commission (SEC) has said that it has approved MTN Nigeria’s application to list on the Nigerian Stock Exchange (NSE) by way of introduction. The SEC Head, Corporate Communications, Mrs Efe Ebelo, confirmed this to the News Agency of Nigeria (NAN) in Lagos. Ebelo said the commission has approved the company’s application …
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MTN vs FG: Court rejects AGF’s objection – Daily TrustA Federal High Court sitting in Lagos has rejected the notice of preliminary objection filed by Nigeria’s Attorney-General of the Federation (AGF), Abubakar Malami (SAN), in response to the lawsuit instituted by the telecommunications company, MTN.
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