MTN Records Strong Growth In 2011 But Political Risks In Key Markets Overshadow OutlookMarch 2012 | Company Finance Alert
Africa's biggest telecoms service provider by revenue and subscribers, MTN Group, reported impressive financial and operational results for the full-year 2011. Highlights of the company's result include consolidated revenue and EBITDA growth of 6.3% y-o-y and 15.2% y-o-y respectively, and a 16.2% y-o-y increase in its subscriber base. MTN's performance is in line with BMI's view of the company as a regional outperformer considering its market strategy and exposure to key growth markets.
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