Results presentation - MTN Group
Results presentation - MTN Group
Results presentation - MTN Group
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1H13 in review<br />
Challenging operating environment<br />
Revenue<br />
– Constant currency revenue growth of 1.9%<br />
– Voice revenue impacted by competition and lower tariffs<br />
– Lower MTR’s impacting interconnect revenues<br />
Data driving growth<br />
– Strong data growth of 36.9%<br />
– Innovative products and device strategy<br />
– Increased focus on mobile financial services<br />
Focus on cost control<br />
– <strong>Group</strong> EBITDA margin remained relatively stable<br />
– Tower strategy will impact margins<br />
– Costs impacted by higher MTR costs and FX<br />
denominated expenses<br />
– Focus on power, infrastructure sharing and staff costs<br />
Capex rollout<br />
– Significant infrastructure investment to cater for<br />
increased traffic<br />
– 3G and fibre to enhance data access and connectivity<br />
Monestising non-core assets<br />
Establishment of Towerco’s in Cameroon and Ivory Coast<br />
Revenue<br />
ZAR (million)<br />
51 055<br />
5,224<br />
3,945<br />
41,886<br />
16% 10%<br />
68%<br />
59 418<br />
6,296<br />
6,612<br />
46,510<br />
37%<br />
65 248<br />
7,094<br />
9,054<br />
49,100<br />
Jun-11 Jun-12 Jun-13<br />
Other<br />
Data<br />
Voice<br />
6
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