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MTN Uganda subscribers reach 7 million

Monday May 30, 2011

MTN Uganda has registered 500,000 subscribers in three months since the beginning of the year, bringing the firm’s total number in Uganda to seven million, according to figures released on the South African Stock Exchange.

MTN Uganda subscriber base grew 6.9% to 6.4million by end-December 2010, the group announced last week.
The group also grew subscriber numbers to 147 million, up from 141 million at the end of 2010, the group said in a statement.

“MTN growth figures over the last three months alone reflect a 4% increase in numbers across the group, in spite of aggressive competition and heightened political unrest in a number of countries across its operational footprint in Africa and the Middle East, and 6.9% in Uganda alone,” the statement noted.

MTN Uganda CEO Themba Khumalo said the growth was supported by key initiatives across the group’s operations.
“We have continued a strong growth in data services across the group.

Money subscribers have also grown considerably, and MTN has now activated the service in 12 countries.

“In Uganda, more than 1.7million customers have registered for mobile money services, contributing to more than 3.5% of total revenue,” he said.
“It reinforces the superiority of our product offering.

Our focus has been on quality, innovation and value-addition.
“These remain the impetus of our growth,” Khumalo said.

MTN Uganda’s average revenue per user has also grown from $4 last year to $5 in the last quarter, in spite of a drop in voice tariffs to an average sh2 per second.

The New Vision Newspaper

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