MTN Group service revenue plunges 18.8% in Q1 2024, fintech revenue up 11.4%

MTN Group has reported an 18.8% fall in Q1 service revenue compared to Q1 2023. The decline in service revenue was contributed by MTN Nigeria's 52.8% decline, while South Africa grew marginally by 3%. However, its fintech revenue was up by 11.4%.

  Science/Technology   May 15, 2024   0   35  Add to Reading List
MTN Group service revenue plunges 18.8% in Q1 2024, fintech revenue up 11.4%

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MTN Group has reported an 18.8% fall in Q1 service revenue compared to Q1 2023. The decline in service revenue was contributed by MTN Nigeria's 52.8% decline, while South Africa grew marginally by 3%. However, its fintech revenue was up by 11.4%.
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