South African telco MTN’s service revenue rises over 17% as Nigeria recovers

South African telco MTN’s service revenue rises over 17% as Nigeria recovers

Sign UpSign InOpen menuMarketsMarket OverviewAfrican EquitiesCryptocurrencyForeign ExchangeCommoditiesNewsLatestFeaturedCryptocurrencyEconomySpecial ReportsTechnologyTradeClimate ChangeMarketsRegionsSouthern AfricaWest AfricaEast AfricaInternationalCNBC TVLatest VideoTop VideoWatch LiveEarningsCEO InterviewsAnalysisTV GuideShowsInsightsInsightsConnecting NationsInvestmentPower LunchFinancial EducationVision 2050LivestreamEventsSign Up / Sign InClose MenuSearch CNBC AfricaSearchQuick LinksAfricaSouth AfricaRwandaNigeriaPower LunchInvestmentTechnologyMarketsFinancial EducationInsightsSouth AfricaSouth African telco MTN’s service revenue rises over 17% as Nigeria recoversAnkita BoraBy ReutersPublished November 9, 2026 at 09:03 GMTSaveShare Delegates walk past the MTN logo at the Investing in African Mining Indaba 2024 conference in Cape Town, South Africa February 7, 2024. REUTERS/Esa Alexander Nov 9 (Reuters) – South Africa’s MTN Group said on Monday its service revenue rose more than 17% in constant-currency terms in the nine months ended September 30, helped by a recovery in Nigeria and continued strong performance in Ghana.

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