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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Tuesday, May 5, 2009

Subs Growth Slows at MTN

The MTN Group, with operations in 21 markets across Africa and the Middle East, said that its subscribers rose 8% during the first quarter to more than 98 million. In the same period of 2008, subscriber numbers rose 11% to more than 68 million.

MTN's group ARPU fell 6% during the first quarter of 2009, dragged down by the addition of lower-spending customers, seasonal factors, a slowdown in consumer spending and currency movements. source: MTN statement

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