Articles tagged with: Mtn Afghanistan
Afghanistan Sees Record Quarterly Net Subscriber Growth
The Afghan market looks set to have reached 10m customers by the end of Q2 09, having finished Q1 with 9.29m. Quarterly net additions stood at an all-time record of 1.33m, more than double the 0.58m recorded in Q1 08. Annual net additions also a hit a record high of 3.89m. On a proportionate basis, annual growth stood at just under 72.0%, down from 95.9% in the prior twelve-month period. However, this was higher than the 66.7% and 65.1% recorded in Q3 08 and Q4 08 respectively, and it could therefore herald a resurgence in growth, which has fallen steeply since reaching a high of 139.8% in Q3 07. more
Related Tags: afghan-wireless, tsi, roshan, 3m, Afghanistan
MTN Gets Loan to Expand Afghan Network
IFC, a member of the World Bank Group, is providing a US $65 million loan and US $10 million in equity to MTN Afghanistan to support the expansion of the company's mobile telephone network. The expansion is aimed in particular at low-income populations. more
Related Tags: world-bank, ifc, Afghanistan
