MTN Group has said that its largest operating unit, Nigeria added a net 1.1 million new subscribers, taking its total active user base to 76.7 million during the quarter ended March 2023.
 
MTN Nigeria, in its first quarter results said that the rollout of improved communications infrastructure brought an additional 170 5G sites across the oil-producing nation.
 
However, the number of data users grew by 14.7 per cent, taking the total number of subscribers to 41.2 million.
  
The Chief Executive Officer, MTN Nigeria, Karl Toriola, said: “During the quarter, we focused on enhancing the capacity and coverage of our 4G and 5G networks, which supported rising data traffic.
 
“This had a positive and noticeable effect on its data usage, with total data usage traffic jumping 50.3 per cent in the quarter.”   Toriola, however, lamented the shortages of petrol and cash in the African continent’s largest exporter of petroleum fuels.
  
The telecoms giant said it generated 20.6 per cent in total revenue to N568.136b for the first three months of operation this year. This is against the N470.984b low it recorded in the corresponding period of 2022.