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• Subscribers increased by 0,9% to
73,7 million
• Revenue increased by 3,8%*
(excluding Iran)
• Data revenue increased 33,9%*
(excluding Iran)
Subscribers
73,7
million
■
Syria
8%
■
Sudan
10%
■
Yemen
7%
■
Afghanistan
9%
■
Cyprus
1%
■
Iran (joint venture) 65%
Revenue
#
R14,3
billion
■
Syria
15%
■
Sudan
32%
■
Yemen
24%
■
Afghanistan
16%
■
Cyprus
13%
EBITDA
#
R4,7
billion
■
Syria
15%
■
Sudan
32%
■
Yemen
29%
■
Afghanistan
13%
■
Cyprus
12%
Capex
#
■
Syria
32%
■
Sudan
47%
■
Yemen
5%
■
Afghanistan
10%
■
Cyprus
7%
R3,3
billion
#
excluding joint ventures
A good result, supported by data
growth
MTN Sudan’s
subscriber base contracted by
11,5% to 7,5 million as a result of the disconnection
of subscribers in compliance with the subscriber
registration process. Total revenue increased by
18,8%* mainly as a result of strong outgoing voice,
supported by a tariff increase implemented in June.
Data revenue grew by 56,6%* and contributed 29%
to total revenue, driven by attractive below-the-line
campaigns and improved network quality. The
number of data users increased 4,7% to 4,0 million.
Digital revenue contributed 19% to data revenue.
MTN Mobile Money remains a key opportunity area
and a launch in collaboration with the Central Bank
platform is imminent. The EBITDA margin decreased
by 2,9 percentage points to 32,1%. Capex for the
period amounted to R1 549 million.
In line with our commitment to enhancing education
in Sudan through the use of ICT in teaching and
learning, in 2016 we installed interactive whiteboards
in schools, provided ICT training for teachers and
rehabilitated a number of schools.
A very challenging operating
environment
MTN Syria
reported a 1,6% increase in its
subscriber base to 6,1 million despite a very
challenging environment. Total revenue increased
by 20,3%* mainly because of outgoing voice and
data revenue, supported by below-the-line
campaigns and regional offers. Data revenue
increased by 26,9%* and contributed 29% to total
revenue, supported by an increase in network
availability. The EBITDA margin increased by 14,8
percentage points to 32,5%. Capex for the period
amounted to R1 049 million.
Looking ahead in MENA
We forecast net additions of 450 000 in MENA in
2017. We have authorised capital expenditure of
R2 134 million for MENA in 2017, from R3 310 million
spent in 2016.
Middle East and North Africa and MTN Irancell
Operational reviews
continued
MTN Group Limited
Integrated Report 2016
52