Home MTN Group FY revenue up 12% to ZAR 136.5 bln on weak rand
 

Keywords :   


MTN Group FY revenue up 12% to ZAR 136.5 bln on weak rand

2014-03-05 09:50:00| Telecompaper Headlines

(Telecompaper) MTN Group posted a 12 percent increase in its revenue for 2013 to ZAR 136 billion compared with 2012, boosted by a weakening of the rand against a number of currencies. For the year as a whole, the rand declined by 18.3 percent on average against the US dollar. On a constant currency basis, revenue increased by 3.1 percent. This was largely the result of a 6.1 percent decline in revenue at MTN South Africa and 5.7 percent growth in MTN Nigeria.

Tags: group revenue weak rand

Category:Telecommunications

Latest from this category

All news

»
24.11Portrait.Of.Pirates ver2.5
24.11Switch
24.11 / TIN
24.11duranduranALMGHTY 26.5cm
24.11straykids skzoo
24.11 4
24.11 TrioTryiT Figure21
24.11
More »