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

Release Date: 31/10/2007 14:33
Code(s): MTN
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MTN - MTN Group Limited - Release Of Subscriber Numbers For The Quarter Ended 30 September 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 30 SEPTEMBER 2007 MTN Group recorded 54,162,000 subscribers at 30 September 2007. This was a 12% increase from 48,346,000 subscribers recorded at 30 June 2007. The attached analysis is presented on a regional basis. The South and East Africa (SEA) region contributed 33% (June 2007: 35%) of the Group total subscribers and West and Central Africa (WECA) and Middle East and North Africa (MENA) regions were 47% (June 2007: 48%) and 20% (June 2007: 17%) respectively. The SEA region increased its subscriber base by 5% for the quarter. The South African operation contributed 52% to the regions growth, with subscribers increasing 3% for the quarter ended 30 September 2007. There has been a restatement of the South African subscribers and ARPU which now reflects MTN`s consolidated South African operation. The restated history is available on the MTN Group investor relations website. Subscribers in Uganda increased 12% to 2,094,000 subscribers over the same period due to more competitive pricing. The WECA region increased its subscriber base by 9% for the quarter. Nigeria contributed 47% to the region`s growth recording a 7% increase in subscribers to 14,985,000. An aggressive network rollout plan is addressing the quality and capacity issues following the high rate of subscriber acquisitions since the last quarter of 2006. Ghana increased its subscriber base by 14% to 3,872,000 underpinned by strong operational execution of the network rollout, while Cameroon increased subscribers by 15% to 2,238,000 due to increased marketing activities. The MENA region recorded a 36% increase in subscribers for the quarter mainly due to strong growth from start-up operations in Iran, which increased subscribers by 88% to 3,720,000. There was also continued strong growth in Afghanistan (66%), Sudan (24%) and Syria (12%). MTN South Africa`s ARPU increased, on a comparable basis by 1% to R146. Nigerian and Ghanaian ARPU`s remained strong at USD17 and USD16 respectively. Subscriber Numbers Jun-07 Sep-07 Quarter % Subs `000 Subs `000
SEA South Africa * 13,601 14,076 3% Post-paid 2,526 2,527 0% Pre-paid 11,075 11,549 4% Uganda 1,869 2,094 12% Mascom - Botswana 663 750 13% Rwanda 486 576 19% Swaziland 320 356 11% Zambia 202 194 -4% Sub total 17,141 18,046 5% WECA Nigeria 14,036 14,985 7% Ghana 3,392 3,872 14% Cameroon 1,954 2,238 15% Ivory Coast 2,161 2,302 7% Benin 569 562 -1% Congo - Brazzaville 281 279 -1% Conakry 393 523 33% Liberia 253 272 8% Bissau 141 176 25% Sub total 23,180 25,208 9% MENA Syria 2,592 2,896 12% Iran 1,983 3,720 88% Yemen 1,301 1,426 10% Sudan 1,523 1,884 24% Afghanistan 527 877 66% Cyprus 99 106 7% Sub total 8,025 10,908 36% Grand Total 48,346 54,162 12% ARPU Jun-07 Sep-07 Quarter % ARPU ARPU SEA South Africa * R144 R146 1% Post-paid R383 R393 3% Pre-paid R87 R89 2% Uganda USD11 USD11 3% Mascom - Botswana USD14 USD14 0% Rwanda USD13 USD13 -4% Swaziland USD18 USD18 -1% Zambia USD11 USD12 5% WECA Nigeria USD16 USD17 4% Ghana USD16 USD16 -3% Cameroon USD14 USD14 -1% Ivory Coast USD14 USD13 -6% Benin USD15 USD11 -29% Congo - Brazzaville USD18 USD19 7% Conakry USD15 USD16 6% Liberia USD19 USD20 4% Bissau USD18 USD19 6% MENA Syria USD20 USD21 4% Iran USD10 USD11 5% Yemen USD10 USD9 -6% Sudan USD15 USD14 -6% Afghanistan USD11 USD11 4% Cyprus USD39 USD39 0% Subscribers are customers who have participated in a revenue generating activity in the last 90 days. ARPU is the average revenue per subscriber calculated on a monthly basis (includes interconnect fees and excludes connection fees, where these are material, and visitor roaming revenue). * South Africa now includes community service payphones into pre- paid and application providers into post-paid. Prior periods have been adjusted for comparative purposes. Fairland 31 October 2007 Sponsor Merrill Lynch South Africa (Pty) Ltd Date: 31/10/2007 14:33:07 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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