MTN Group Service Revenue Hurt by Regulatory Issues in Nigeria

The South Africa-based telecommunications group on Thursday posted a fall of 18.5% in group service revenue for the period to 127.37 billion ...

The South Africa-based telecoms group reported a lower service revenue for the nine months ended Sept. 30 as regulatory registrations in ...

MTN Group Service Revenue Hurt by Regulatory Issues in Nigeria

MTN Group reported a lower service revenue for the nine months ended Sept. 30 as regulatory registrations in Nigeria hurt subscriber numbers in ...

South Africa's MTN service revenue falls 18.5% in Q3 | Reuters

... hit by the devaluation of the Nigerian naira ... Nigeria, encouraged by stronger demand in the country despite the regulatory challenges.

MTN Group Faces Revenue Slump As Naira Devalues - Finimize

MTN Group's latest report shows an 18.5% slump in Q3 service revenue, hit hard by the Nigerian naira's devaluation and ongoing challenges in ...

MTN Group revenue plummets in Q3 - ITWeb

Data revenue decreased by 15.3%, with MTN saying it is navigating challenging macro and regulatory conditions in the 17 markets in which it ...

MTN Group Service Revenue Hurt by Nigerian Regulatory Issues

MTN Group has reported a lower service revenue for the nine months ended September 30 as regulatory registrations in Nigeria hurt subscriber ...

MTN Group reports 18.5% slump in service revenue - TechCentral

MTN Group reported an 18.5% fall in service revenue in the third quarter, hit by the devaluation of the Nigerian naira.

MTN Suffers Further Blows In Nigeria Upending Q3 Earnings

The macroeconomic strain in Nigeria has reverberated through MTN's financials. Just last quarter, MTN's group service revenue saw a 20.8 ...

MTN service revenue falls 18.5% in Q3 - Communications Today

Africa's biggest telecoms operator MTN Group reported on Thursday an 18.5% fall in service revenue in the third quarter ended Sept. 30, hit ...

MTN Nigeria Sees Revenue Growth but Faces Profit Challenges ...

MTN Nigeria's service revenue grows amid subscriber decline, forex losses, and positive cash flow gains.

South Africa's MTN service revenue falls 18.5% in Q3

The group reported a 48.7% plunge in revenue from MTN Nigeria due to the devaluation of the currency, but noted that "the naira was less ...

Operational performance summary - MTN Group

Overall, MTN Nigeria recorded a loss after tax of R2.4 billion. Adjusting for net forex losses, PAT would have been R11.6 billion (down by 3.4%). Further ...

MTN Group service revenue plunges 18.8% in Q1 2024, fintech ...

The decline in service revenue was contributed by MTN Nigeria's 52.8% decline, while South Africa ... regulations in Ghana, Nigeria, and conflict ...

MTN suffers 20% revenue decline in mid-year results - ITWeb

The company cited the decline in value of the Nigeria naira and inflation as its biggest undoing in the West African country. MTN Group ...

MTN swings to H1 loss as Nigeria currency devaluation hits earnings

Nigeria is MTN's biggest market and so the naira slump had a significant impact on the group's service revenue, which dropped by 20.8% year-on- ...

Voice revenue decreased by 32.2% (down 1.4%*) - MTN Group

... service revenue of 11.1%*, driven by steady growth from MTN South Africa. (MTN SA, up 3.0%); as well as strong performances in MTN Nigeria ...

MTN Nigeria reports $322.6mln loss in first half of 2024,blames it on ...

The telecommunications company said the loss was caused by rising inflation and the falling value of the naira. MTN Nigeria's CEO, Karl Toriola, ...

MTN posts half-year loss as Nigeria currency devaluation weighs

MTN Group reported a half-year loss on Monday as Africa's ... Africa, said its group service revenue decreased 20.8% to 85.3 billion rand.

MTN Group H1 earnings dip, but underlying operational ...

3-billion, with Nigeria's service revenue down 52.9 to R20.52-billion – a 32.4% increase on a constant currency basis – and South Africa's ...