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MTN Lost 1,7 Million Subscribers Hit By Nigerian SIM Registration

While active MTN Mobile Money (MoMo) customers rose by 200 000 to 46.6 million. The MoMo value of transactions was up 86.6% year-on-year (YOY) to $53.2 billion (R764 billion). The company said the number of active merchants accepting MoMo payments doubled YoY to 521 000 while the total value of MoMo merchant payment (gross merchandise value – GMV) rose by 299.2% to $4.8 billion (R57 billion). In Nigeria, MTN said it added 54 000 agents to end the quarter with 449 146 registered MoMo agents. �...
South Africa Ralph Mupita Isa Ali Ibrahim Pantami Group Ambition Nigerian Communications Commission Mtn Group

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