MTN has expanded its 4G coverage to about 61.8% of the population but what’s more interesting is that in Q1, it added 1.2 million smartphones to its network. 47.5% of the company’s customers now use smartphones.
If there were ever any doubts about MTN Nigeria being Nigeria’s telecoms juggernaut, its 2020 financial report, with a profit before tax of ₦298 billion, clears that doubt.
Despite the economic strain caused by the Covid-19 pandemic, Airtel Africa continues to grow as shown in its 9-month financial report for the period ended 31 December 2020. The company’s reported revenue increased by 13.8% to $2.87 billion.
Thanks to scandals, the e-commerce company has had a rocky year since it listed on the New York Stock Exchange in April. But its Q3 report is a bit of a mixed bag.