MTN GROUP LTD - MTN GROUP RELEASE OF SUBSCRIBER NUMBERS FOR THE THIRD QUARTER
ENDED 31 DECEMBER 2003
MTN GROUP LIMITED
("MTN Group" or "the Group")
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
JSE Share code: MTN
ISIN: ZAE000042164
MTN GROUP RELEASE OF SUBSCRIBER NUMBERS FOR THE THIRD QUARTER ENDED 31 DECEMBER
2003
As of 31 December 2003, MTN Group recorded 8 928 000 subscribers on its networks
operated in South Africa and other African countries. This is a 13% increase
over the previous quarter and a 33% increase since financial year-end 31 March
2003. The Group"s international operations comprised approximately 32%, or 2 878
000 of the subscriber base.
MTN South Africa surpassed the 6 million subscriber mark and increased its
subscriber base by 28% since 31 March 2003 to 6 050 000 subscribers. This
consists of 1 187 000 post-paid subscribers and 4 863 000 pre-paid subscribers.
Blended average revenue per user ("ARPU") increased slightly to R208 per month
for the nine months to 31 December 2003, from R207 for the six months to
September 2003. Pre-paid ARPU of R106 and post-paid ARPU of R606 were recorded.
MTN International increased its subscriber base by 44% since 31 March 2003 to
2 878 000 subscribers.
Subscribers as at 31 December 2003 compared to 30 September 2003 for all
operations:
31 December 30 September % change
2003 2003 since Sept
03
South Africa 6 050 000 5 360 000 12.9%
Pre-paid 4 863 000 4 255 000 14.3%
Postpaid 1 187 000 1 105 000 7.4%
International 2 878 000 2 533 000 13.6%
Cameroon 538 000 526 000 2.3%
Nigeria 1 650 000 1 381 000 19.5%
Rwanda 134 000 132 000 1.5%
Swaziland 88 000 78 000 12.8%
Uganda 468 000 416 000 12.5%
TOTAL 8 928 000 7 893 000 13.1%
ARPU per month for the period 1 April 2003 to 31 December 2003 compared to ARPU
per month for period to 30 September 2003 for all operations:
31 December 2003 30 September 2003
South Africa R 208 R 207
Pre-paid R 106 R 103
Post-paid R 606 R 609
International
Cameroon US$ 24 US$ 22
Nigeria US$ 53 US$ 55
Rwanda US$ 22 US$ 24
Swaziland R 232 R 209
Uganda US$ 23 US$ 23
Johannesburg
5 February 2004
Sponsor:
Merrill Lynch South Africa
Date: 05/02/2004 02:25:04 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
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