Pan-Africa and Middle East operator MTN said that its revenue rose 24% year-on-year to 57.3 billion South African rand (7.28 billion US dollars) in the first half of 2009 boosted by strong sales growth in Nigeria and Iran, in particular, and some small acquisitions.
MTN said data revenue in its home market of South Africa rose 21% to 2.05 billion rand as the company increased the packet capacity on its network by 80%. Capital spending rose 50% to 15.5 billion rand as MTN expanded coverage and built-out 3G networks in South Africa and some other countries. source: MTN presentation
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