MTN Group Limited - MTN Group Release Of Subscriber Numbers For The First
Quarter Ended 30 June 2004
MTN Group Limited
(`MTN Group` or `the Group`)
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
Share code MTN
ISIN ZAE000042164
MTN GROUP RELEASE OF SUBSCRIBER NUMBERS FOR THE FIRST QUARTER ENDED 30 JUNE 2004
As of 30 June 2004, MTN Group has surpassed the 10 million subscriber mark and
recorded 10,088,000 subscribers on its networks operated in South Africa and
other African countries. This is a 5.7% increase since financial year-end 31
March 2004. The Group`s international operations accounted for 36%, or 3,593,000
of the subscriber base.
MTN South Africa increased its subscriber base by 3.6% since 31 March 2004 to
6,495,000 subscribers. This consists of 1,204,000 post-paid subscribers and
5,291,000 pre-paid subscribers, with increases of 3.1% and 3.7% since year-end
respectively. Blended average revenue per user (`ARPU`) declined to R189 from
R203 per month for the period from 1 April 2004 to 30 June 2004. Pre-paid ARPU
of R 98 and post-paid ARPU of R 585 were recorded.
MTN International increased its subscriber base by 9.8% since 31 March 2004 to
3,593,000 subscribers. MTN Nigeria Communications Limited (`MTN Nigeria`)
contributed 61% or 2,176,000 to that subscriber base.
Subscribers as of 30 June 2004 compared to 31 March 2004 for all operations:
30 June 2004 31 March 2004 % change
South Africa 6,495,000 6,270,000 3.6%
Pre-paid 5,291,000 5,102,000 3.7%
Postpaid 1,204,000 1,168,000 3.1%
International 3,593,000 3,273,000 9.8%
Nigeria 2,176,000 1,966,000 10.7%
Cameroon 625,000 581,000 7.6%
Uganda 543,000 495,000 9.7%
Rwanda 158,000 146,000 8.2%
Swaziland 91,000 85,000 7.1%
TOTAL 10,088,000 9,543,000 5.7%
ARPU per month for the period 1 April 2004 to 30 June 2004 compared to ARPU per
month for the full year to 31 March 2004 for all operations:
30 June 2004 31 March 2004
South Africa R 189 R 203
Pre-paid R 98 R 104
Post-paid R 585 R 597
International
Nigeria US$ 48 US$ 51
Cameroon US$ 21 US$ 24
Uganda US$ 20 US$ 22
Rwanda US$ 20 US$ 22
Swaziland R 230 R 223
4 August 2004
Johannesburg
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 04/08/2004 02:00:04 PM Produced by the JSE SENS Department
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