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MTN - MTN Group Limited - Release Of Subscriber Numbers For The Quarter Ended 31

Release Date: 03/05/2007 12:35
Code(s): MTN
Wrap Text

MTN - MTN Group Limited - Release Of Subscriber Numbers For The Quarter Ended 31 March 2007 MTN Group Limited (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) Share code: MTN ISIN: ZAE000042164 RELEASE OF SUBSCRIBER NUMBERS FOR THE QUARTER ENDED 31 MARCH 2007 MTN Group recorded 44,301,000 subscribers at 31 March 2007. This was up 11% for the quarter from 40,051,000 subscribers reported for the Group at 31 December 2006. The Group`s subscriber base at 31 March 2007 is reported using the MTN Group`s definition (ie subscribers who have made or received a revenue generating call in the last 90 days). The attached analysis is prepared on a regional basis. The SEA region contributed to 37% of the Group total subscribers and WECA and MENA regions were 49% and 14% respectively. The South and East Africa (SEA) region increased its subscriber base by 6% for the quarter. Growth in the region was driven principally by MTN Group`s South African operation, which showed a healthy improvement in net connections for the quarter with subscribers increasing by 4% for the 3 months to 13,030,000, while Uganda had a 10% growth to 1,757,000 subscribers over the same period. In the West and Central Africa (WECA) region the 10% growth for the quarter is still mainly from MTN Nigeria and to a lesser extent Ghana and Cote d`Ivoire. Nigeria achieved subscriber growth of 9% in the quarter reaching 13,384,000 subscribers. Ghana increased its base by 13% to 2,924,000 subscribers and Cote d`Ivoire by a healthy 22% to 1,975,000 subscribers over the same period. The Middle East and North Africa (MENA) region recorded subscriber growth of 28% for the quarter mainly due to the aggressive subscriber acquisition by Iran who, off albeit a low base, grew 601% to 1,080,000 subscribers from December last year. There was also continued strong growth in Afghanistan (62%) and to a lesser extent Sudan (11%). ARPU is defined as being the Average Revenue per User on a monthly basis and is generally disclosed in any financial year on a year-to-date basis. MTN South Africa`s ARPU reduced by 10% to R148 in line with seasonal trends and the stepped change as the new year`s average takes affect. The ARPUs of most of the Group`s other operations have followed a similar trend. Nigerian and Ghanaian ARPUs remained strong at $17 and $16 respectively, while Iran ARPU increased as coverage improved and more subscribers were taken on. Subscriber numbers
Dec 06 Mar 07 Quarter Subs `000 Subs % `000 South and East Africa South Africa * 12,483 13,030 4% Post-paid 2,132 2,438 14% Pre-paid 10,351 10,592 2% Uganda ** 1,595 1,757 10% Mascom - Botswana 600 648 8% Rwanda ** 384 426 11% Swaziland 268 286 7% Zambia 187 227 21% Sub total 15,517 16,374 6% West and Central Africa Nigeria 12,281 13,384 9% Ghana # 2,585 2,924 13% Cameroon 1,783 1,857 4% Ivory Coast 1,625 1,975 22% Benin # 476 514 8% Congo - Brazzaville 280 280 0% Conakry # 276 342 24% Liberia # 218 236 8% Bissau # 98 116 19% Sub total 19,622 21,629 10% Middle East and North Africa Syria # 2,237 2,381 6% Iran 154 1,080 601% Yemen # 1,161 1,216 5% Sudan # 1,066 1,179 11% Afghanistan # 218 354 62% Cyprus # 76 87 15% Sub total # 4,912 6,297 28% TOTAL 40,051 44,301 11% ARPU Dec 06 Mar 07 Quarter ARPU ARPU % South and East Africa South Africa * R 164 R 148 -10% Post-paid R 487 R 445 -9% Pre-paid R 94 R 87 -7% Uganda ** $12 $11 -8% Mascom - Botswana *$17 $15 -12% Rwanda ** $17 $14 -18% Swaziland $20 $18 -10% Zambia $19 $11 -42% West and Central Africa Nigeria $18 $17 -6% Ghana # $17 $16 -6% Cameroon $15 $14 -7% Ivory Coast $18 $15 -17% Benin # *$16 $15 -6% Congo - Brazzaville $20 $17 -15% Conakry # $17 $13 -24% Liberia # $18 $19 6% Bissau # *$15 $17 13% Middle East and North Africa Syria # *$22 $20 -9% Iran $9 $10 11% Yemen # $10 $9 -10% Sudan # $16 $15 -6% Afghanistan # $14 $12 -14% Cyprus # $35 $36 3% * Restated Fairland 3 April 2007 Sponsor Merrill Lynch SA (Pty) Limited Date: 03/05/2007 12:35:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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