MTN Group: Top 5 African Markets by Revenue
The financial performance published by the parent company of the pan-African telecommunications group highlights the commercial hierarchy of its infrastructure deployments.
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At the end of the annual period, MTN Nigeria retains its position as the main growth driver with revenue of $3.67 billion, marking a 50.3% increase. The South African subsidiary ranks second with $3.04 billion, despite a -2.9% decline in activity.
This duo is followed by MTN Ghana, which completes the podium with $2.12 billion, recording a 57.8% acceleration, while the Ugandan branch crosses the billion-dollar threshold with revenue of $1.06 billion, up 15.7%. In fifth place, MTN Cameroon consolidates its operational profitability by generating $801.2 million, representing a 21.6% sectoral expansion in its market.
Ndjomo Carlos
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