Connect with us

Leader board

Local Business

MTN Uganda’s half-year results show continued performance improvement as it passes the 8 million customer landmark

Published

on

mtn logo

MTN Group’s Interim results, for the six-month period to 30 June 2013, that were announced this morning shows that MTN is well positioned for improved organic growth. MTN Group’s results were supported by strong organic growth from Uganda with a 15.4% increase in year-on-year revenue. MTN is a leading emerging markets operator, connecting more than 200 million people in 22 countries across Africa, Asia and the Middle East. It is at the forefront of global technological changes, delivering a bold, new Digital World to its customers.

New TECNO Spark 3 with AI bright camera now available at RRP 429,000 UGX Click here for more

Announcing the MTN Group results and the achievement of 200 million customers, the Group President and CEO, Sifiso Dabengwa said, “We’ve reached this important milestone a year before we celebrate 20 years of connecting people and economies, from South Africa, where MTN was started in 1994, to South Sudan, our most recent market”.

The results reflect a challenging operating environment given the sustained global economic slowdown, highly competitive mobile markets and pricing pressures, which have seen average voice tariffs across our markets fall 29.5% year-on-year (YoY) in US dollar terms. Despite these challenges, our substantial investment in network infrastructure and robust subscriber growth position us well for improved organic growth.

Highlights from MTN Uganda show an increase in its subscriber base by 4.4% to 8 million from 7.7 million at the end of December 2012, driven by strong promotional activity, a reduction in churn and the continued success of the MTN Zone offering.

MTN Uganda’s revenue increased by 15.4%, supported by strong data revenue growth. SMS revenue declined 14.6% as customers opted for newer data-driven social media platforms to communicate and as internet browsing increased. This positively impacted mobile data revenue, which increased 57.4%, supported by a simplified data bundles offering and upgraded internet speeds, regional data exhibitions and a strong performance from MTN Mobile Money. MTN Mobile Money recorded a 51% increase in subscribers and more than 25 million transactions per month.

Commenting on the results, MTN Uganda CEO Mazen Mroué said, “I am happy to note that the results announced earlier today show a steady performance for the MTN Group and particularly for MTN Uganda which has passed its 8 million customer landmark”.

MTN Uganda’s focus over the last year has been on Network Quality, the rollout of innovative Products and Services and improvement of Customer Experience.

During the last 15 years, MTN has made major investments to its infrastructure in Uganda. MTN Uganda launched the first mobile money service in Uganda with tremendous success, introduced 3G+ and 4G LTE, expanded the mobile distribution foot print, and greatly enhanced the mobile core, radio capacity and infrastructure technology.  Furthermore, it extended the fibre network backbone and built regional switching centres in the East, West, North and Central regions.

In terms of infrastructure, last year MTN Uganda completed an additional 600km of fibre infrastructure closing the year with 2,800km of fibre to provide the capacity for high speed data connectivity and wider National coverage of 3G+ mobile data services that extend internet access to the rural areas of Uganda.

“I would like to congratulate the MTN Uganda staff for their contribution and support in achieving these positive results. At MTN we recognize our staff as a key asset in enabling this success”, Mroué added.

A key indicator of this excellence can be seen through a number of Awards that the company has received over the past couple of months showing endorsement from both its customers and other stakeholders.

Last week, MTN Uganda received three awards from Kampala City Traders Association (KACITA) including Best Telecom Company, Best Money Transfer Services and Best Internet Service Provider 2013. This came just a few weeks after MTN Uganda was recognized as Uganda’s leading Super Brand where MTN was also recognized in the Telecommunications, Internet, Computers and Technology category. At this same award ceremony, MTN Mobile Money was also recognized under the financial category, ranking closely to some banks and other financial institutions.

Earlier in April, MTN Uganda was also voted as the Best Mobile Telecom provider of the year (2012) at the 2013 Uganda Responsible Investment (URI) awards.

“The MTN Uganda leadership team is fully aligned and committed to support the staff to continue performing and excelling to ensure that we are able to deliver even better results by the end of the year,” Mroué said.

He added that MTN Uganda will continue to invest in Uganda to ensure that it lives up to its vision of leading the delivery of a bold, new Digital World to our customers. MTN Uganda is embracing this vision through constant enhancements to our Data Network to deliver World-class Internet and make our customers’ lives a whole lot brighter.

To celebrate this achievement, and to continue giving back to the communities that have supported MTN over the years, the Group President and CEO, Mr. Sifiso Dabengwa, also announced a bold R200 million initiative to improve the quality of education across our markets in Africa and the Middle East.

“This is our opportunity to make a meaningful contribution to social development. Due to the lack of access to quality education and infrastructure, and low literacy rates in most of the countries we operate in, we will direct a significant amount of our corporate social (CSI) spend towards education over the next two years,” Dabengwa commented.

 

(Visited 1 time, 1 visit today)
Continue Reading

Local Business

Africell Marketing boss quits

Published

on

Mohammad YahfoufiBy Our Reporter

Africell Uganda Marketing boss, Mohammad Yahfoufi is leaving the telecom company after 3 years.

New TECNO Spark 3 with AI bright camera now available at RRP 429,000 UGX Click here for more

Yahfoufi joined Uganda’s third largest telecommunications company in June 2016 replacing Marvin Wiltshire Kagoro, who is currently the marketing and communications manager at Total Uganda.

Mohammad has been key in helping establish the digital marketing platforms of the telco. His impact has been enormous from setting up the company’s social media accounts, working to increase its following and establishing a successful influencer program.

In the three years he’s been with Africell, he also oversaw the telco’s flagship data marketing campaigns, namely: ‘Don’t be Cheated’, ‘SWIFT bundles’ and ‘Triple Data’.

Prior to joining Africell, the graduate of Marketing from Lebanese American University worked with multinational advertising company Leo Burnett, serving its unit in Dubai.

Also certified by Udacity for taking lessons in Google Adwords and Digital Marketing, Yahfoufi did his internship at Impact BBDO, another top advertising firm in the Middle East.

Mohammad is leaving the telecom industry for the betting world.

(Visited 1 time, 1 visit today)
Continue Reading

Local Business

MTN Foundation, UMC Victoria Hospital partner to offer free corrective surgery to children

Published

on

By Our Reporter

New TECNO Spark 3 with AI bright camera now available at RRP 429,000 UGX Click here for more

The MTN Foundation has inked a one-year partnership worth Ugx 184 million with UMC Victoria Hospital that will see the Bukoto based health facility provide free corrective surgery for over 80 children with special needs and/or disabilities in a bid to improve their quality of life.

Speaking at the MOU signing ceremony, the MTN Uganda Ag. CEO, Gordian Kyomukama reaffirmed the Foundation’s commitment towards improving the livelihood of youth by enabling those who have had an unfortunate start to life.

“Removing the physical obstacles to the youngsters’ growth and development through corrective surgery will enable them to compete favourably and achieve their full potential in life within their respective communities. These are the success stories that we as a brand take pride in,” he said.

“In addition to the partnerships that we have forged with the Ministry of Health and over 15 health centres refurbished and re-equipped countrywide under our Access to Health Initiative (AHI), today we reiterate our desire to contribute to the wellbeing of our customers and Ugandans at large. It is commonly said that a healthy nation is a wealthy nation. We are pleased to play our part in this process as the MTN Foundation.” He added.

The Chief Executive Officer and Managing Director of UMC Victoria Hospital, Dr. Anurag Shah lauded the MTN foundation for coming to the rescue of the disadvantaged children.

“The lives of the children will be changed for the better, forever – thanks to this partnership. UMC Victoria Hospitals bring world class medical care, expertise, professionalism and requisite equipment and facilities to the service of Ugandans in need. It will be our absolute pleasure to transform the lives of the beneficiaries by enabling them to regain their mobility among other advantages. We are delighted to partner with MTN Foundation to help them realise their dreams,” said Dr. Shah.

UMC Victoria Hospital is an integrated healthcare delivery provider providing high quality medical and nursing services across a wide range of specialties. Bench-marked to international quality standards, having state-of-art laboratory and radiology diagnostic services, modular operating theatres, in-house pharmacy, the hospital is well equipped to provide convenient, patient focused, quality centric efficient services.

The one-year partnership between the MTN Foundation and UMC Victoria Hospital is supported under the key focus areas for the Foundation which is health. It will also see UMC Hospital engage MTN staff in its community outreaches and medical camps countrywide in weeks ahead and a visit to the hospital located in Bukoto, on the outskirts of the city.

The Foundation recently inked a similar partnership with Comprehensive Rehabilitation Services for People with Disability in Uganda (CoRSU), a local NGO and hospital located in Kisubi to provide corrective surgery to eighty youth and children selected from all over Uganda specifically areas affected by conflict.

The MTN Uganda Foundation is a non-profit entity that was inaugurated in July 2007 as a vehicle through which MTN Uganda implements its corporate social investments (CSI). The main objective of the foundation is to improve the quality of life in communities across the country by supporting and implementing sustainable projects in Education, Health and other National Priorities.

(Visited 1 time, 1 visit today)
Continue Reading

Local Business

Coca-Cola hands over Ramadan goodies to Muslim Community

Published

on

By Our Reporter

New TECNO Spark 3 with AI bright camera now available at RRP 429,000 UGX Click here for more

Beverages giant Coca-Cola has handed over essential items to the House of Zakaat organisation in a bid to recognize and celebrate the Holy month of Ramadhan with the Ugandan Muslim community.

House of Zakaat is a charity organization that collects zakat (alms) and distributes them to the people in need.

In partnership with SWT rice and Crystal oil, Coca-Cola handed over 250 cartons of soda and mineral water, 100 packs of rice and 240 bottles of cooking oil at Coca-Cola’s bottling plant in Namanve.

Commenting about this initiative, Mr. Ivan Oboth congratulated the Ugandan Muslim Community upon reaching another Holy Month of Ramadhan.

“As a brand that unites Ugandans across different religions, cultures and socio-economic divides, we are proud to support the Muslim community with items that will assist them in preparing their Iftar meals. Apart from producing these products, it is our responsibility to ensure that they are closer to our consumers especially during the important occasions in their lives. We realize that during this season, muslims spend time together worshipping and sharing food and we are proud to add our package to this celebration,” he commented.

Deputy Supreme Mufti and CEO House of Zakaat Shiek Mahmood Kibaate thanked Coca-Cola for having the spirit of sharing, especially during this holy month.

“At this time in Ramadhan is when we need to reach out to the underprivileged the most. I thank Coca-Cola for entrusting us with the responsibility of distributing these items to the communities. We ask the Almighty Allah to reward Coca-Cola abundantly and request them to continue with this program,” he noted.

Last year, Coca-Cola visited over 100 mosques countrywide offering them foodstuffs and soft drinks to assist in breaking their fast.

(Visited 1 time, 1 visit today)
Continue Reading

Facebook

HOT RIGHT NOW