Thursday, October 29, 2015

MTN Nigeria Reconnects 3.4million Subscribers

Nigeria’s largest telecommunications operator, MTN Nigeria
has reconnected 3.4 million subscribers that were
disconnected in August following directive of the Nigerian
Communications Commission.

Report on the group’s third quarter results indicated that the
3.4 million subscribers were part of the 5.1 million
disconnected subscribers at the end of August 2015.
The telecoms firm reported that while management continued
to engage with the regulator, performance was impacted by
ongoing regulatory restrictions in the country.
“Data revenue growth was impacted by a steep decline in data
tariffs as a result of aggressive competition. The effective data
tariff declined almost 60 per cent yearly”, the Group said.

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