MTN Adds Another 6 Million Subs

Pan-Africa mobile operator MTN said it added 6.12 million subscribers in the first quarter of 2013, taking the total to 195.4 million. MTN Group CEO Sifiso Dabengwa said: "This supported growth in traffic volumes and local currency revenue. In South Africa, despite a slow start to the year, MTN maintained its market share and reviewed its market offerings to be more competitive. In Nigeria, MTN continued to record a good performance in a highly competitive market.... The solid performance over the past quarter means we have maintained our guidance for net additions for the full 2013 year at 21 million.” MTN also said that data revenues rose 42% year-on-year. source: MTN statement