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Ice Group posts positive Q4 adjusted EBITDA as revenue rises 15%, names interim CFO and mulls bond issue

2021-02-16 09:57:00| Telecompaper Headlines

(Telecompaper) Ice Group has reported a 15 percent rise in fourth quarter revenue, its best ever EBITDA and the addition of 20,000 subscribers, as it announced the...

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MTN Nigeria revenue rises 14% in first nine months, adds nearly 4 mln mobile subscribers

2020-10-29 09:40:00| Telecompaper Headlines

(Telecompaper) MTN Nigeria's revenue increased by 13.9 percent year-on-year to NGN 975.67 billion for the nine months to 30 September from NGN 856.55 billion in the same period of 2019. Service revenue increased by 13.9 percent to NGN 973.81 billion from NGN 854.94 billion in 2019. Mobile subscribers increased by 3.9 million to 75.0 million and active data users increased by 1.7 million to 30.7 million.

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Airtel Africa revenue rises 11% in H1, customers up 12%

2020-10-23 10:22:00| Telecompaper Headlines

(Telecompaper) Airtel Africa's revenue increased by 10.7 percent to USD 1.81 billion in the first six months to 30 September from USD 1.64 billion in the same period in 2019. Revenue growth in constant currency was 16.4 percent in H1. The customer base grew by 12.0 percent to 116.4 million and data customers increased by 21.1 percent to 39.6 million from 31.9 million in 2019.

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MTN Group revenue rises 9% in H1, announces plans to exit Middle East

2020-08-06 09:20:00| Telecompaper Headlines

(Telecompaper) MTN Group reported service revenue growth of 9.4 percent to ZAR 80 billion in the first six months to 30 June, and EBITDA up 10.9 percent year-on-year to ZAR 42 billion, as efficiency initiatives drove improvement in margins. The South Africa-based mobile operator also said it plans to exit the Middle East over the medium term to focus on Africa and is in advanced talks to sell its majority stake in MTN Syria. 

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Ethio Telecom FY revenue rises 31%, customer base up 6%

2020-08-04 09:17:00| Telecompaper Headlines

(Telecompaper) Ethio Telecom has reported a 31.4 percent increase in revenue to ETB 47.7 billion for the year ending 30 June compared with the same period in 2019, boosted by network expansion, improved customer service and expanding 4G services. 

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