Results presentation - MTN Group
Results presentation - MTN Group
Results presentation - MTN Group
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Small opco cluster<br />
Not without its challenges<br />
Not without challenges…<br />
• Solid revenue growth up 24.6% YoY<br />
• Some pressure on margins, down 1.8% YoY<br />
• Sim registration impacting subscriber numbers (Afghanistan, Benin)<br />
• Increased regulatory challenges (MTRs, spectrum)<br />
• Volatile political environment (Conakry, Afghanistan, Bissau & Yemen)<br />
• Economic pressures remain (Cyprus, Bissau)<br />
…However medium term prospects remain intact<br />
• Low levels of penetration<br />
• Immature data market<br />
• Mobile financial services remains big opportunity<br />
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