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MTN Group revenue rises 6.4% in 'challenging' 2014

2015-03-04 09:47:00| Telecompaper Headlines

(Telecompaper) MTN Group announced that its revenue for the year ended 31 December 2014 rose by 6.4 percent to ZAR 146.2 billion, despite a 3.9 percent contraction in the South African operation's revenue and declines in the value of the Ghanaian cedi and the Syrian pound. Revenue growth was supported by an increase of 12.1 percent in MTN Nigeria's revenue and weakness in the Rand, which had a 3.2 percent positive impact on revenue.

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