Online Computer Business
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A platform for best and reliable online business that can generate you money on daily basis with /without referring anybody you can also check our blog for more updates and subscribe for daily updates www.excellentscomputerbiz.blogspot.com +2348135314919
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*MTN generates N282bn in three months Published 13 hours ago on May 10, 2019 By Samson Akintaro*

MTN generates N282bn in three months


Data revenue grew by 32.4%


Largest telecommunications by subscriber number in Nigeria, MTN, generated N282 billion from voice and data services in the first three months of the year, New Telegraph has learnt. According to the first quarter unaudited result, this represented 13.4 per cent growth year-on-year.



*The growth in earnings for the company was driven largely by a 32.4 per cent increase in data revenue and a 12.7 per cent increase in voice* revenue. *_MTN stated that the growth in data revenue was supported by an increase in smartphone penetration, improved network quality and a 9.1 per cent increase quarter-on-quarter in active data subscribers to 20.4 million_*. The company, however, noted that a general slowdown in economic activities during the election period impacted its voice revenue growth.


*_β€œTotal subscribers increased by 3.6 per cent quarter- on-quarter to 60.3 million_*. MTN Nigeria reported an EBITDA margin of 53.3 per cent. On an IAS 17 basis the margin increased to 44.2 per cent, up 2.4 percentage points year-on-year, driven by the growth in revenue and effective cost management,” the company said. Commenting on the re-sults, CEO, MTN Nigeria, Ferdi Moolman said: β€œOur first quarter performance was in line with expectations, as service revenue remained resilient with double digit growth on the back of improvements in voice and data revenues.





*β€œWe connected a further 2.1 million people to our network*, providing them access to worldwide communication services, *while additional 1.7 million people are able to access the possibilities that the Internet provides.” Moolman stated that the growth was built on the company’s focus on customer centric delivery and in particular on improved customer retention, its continuous focus on value for money propositions and further network roll-out and enhancement. β€œQ1 2019 saw a significant increase in our capital expenditure programme, with focus on LTE services, where we rolled out 1,188 sites across our key focus cities. In addition, the successful transfer of our 800MHz spectrum from Visafone to MTN Nigeria will further enable improvements to network coverage and service quality,” he added.



The MTN CEO noted that the company has made significant progress to list on the Nigerian Stock Exchange (NSE) following its conversion to a public liability company and the successful registration of its ordinary shares with the Securities and Exchange Commission (SEC). β€œWe are now engaging with the NSE to complete the listing process,” he said
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Success is NOT about waiting around, thinking positively, and then hopefully one day you’ll get it.

It’s about doing whatever it takes.

It’s about faking it till you become it.

And it’s about ignoring the haters and following your heart.

How can you do that?

Ask yourself, β€œWhat would the successful version of me do?”

The habits… the decisions… the way you think… the words you say… the people you hang out with.

Write everything down on a piece of paper and then do that.

Even if you don’t know how.

Even if it scares you.

And even if you don’t have the right skills or knowledge, you learn them.

One of the ways to shortcut this and get to success faster is by having a mentor who can teach you the right skills and the right knowledge at the right time.

If you’re going to do what the successful version of you would do, put in the work. Happy weekend check my blog for news on how to make money in Nigeria www.excellentscomputerbiz.blogspot.com
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Blog: www.excellentscomputer.blogspot.com
Online Computer Business pinned Β«*Welcome To Excellents Computerbiz!* 🀝 Our Services πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» 24/7 πŸ‘‰Data bundle selling at cheaper rateπŸ“± πŸ‘‰Cable TV subscription with instant activationπŸ–₯ πŸ‘‰ Electricity subs πŸŽ›πŸ“Ί πŸ‘‰Vtu recharge 🀳 πŸ‘‰Website Development πŸ‘‰Graphic Design πŸ‘‰ Bulk SMS πŸ“πŸ—³πŸ“². Etc. All…»
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