MTN Adds a Million in Three Months

South Africa's MTN Group says that it increased its subscriber base by more than one million across all its operations during the three months ended 31 December 2003. As at 31 December 2003, the MTN Group recorded 8.928 million capable subscribers on its networks. This is a 13% increase over the past quarter and a 33% increase since financial year-end 31 March 2003.

The Group's international operations continue to perform well and comprised approximately 32%, or 2,878,000, of the subscriber base. This is a 44% increase since 31 March 2003.

MTN's South African subscriber base strengthened considerably to surpass the six million mark despite a maturing market.

MTN South Africa increased its subscriber base by 28% since 31 March 2003 to record 6 050 000 subscribers. This consists of 1,187,000 post-paid subscribers and 4,863,000 pre-paid subscribers. Blended average revenue per user (ARPU) increased slightly to US$30 per month for the nine months to 31 December 2003, from US$29.85 for the six months to September 2003.

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Posted to the site on 9th February 2004