MTN finance chief on a mission to grow revenue from mobile money

MTN wants its mobile money business to contribute a fifth to total group revenue in the next five years. The group has 35-million mobile money customers, who contribute 7%, or R10bn, to its service revenues.

Africa’s largest mobile operator has made a big bet on mobile payments as a driver of growth as it seeks to replace the revenues from its declining traditional voice business. The company has been on a strong push in recent years to diversify its business, pursuing new revenue streams in mobile data, enterprise ICT services, wholesale network services, fintech and digital services.

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BDliveSA /  🏆 12. in SE

This is when I have a profound respect for EconetWireless, because they are light years ahead in terms of diversifying income streams. Respect StriveMasiywa

They are ripping us of,why not allow us SAns to pay same data rates,SA leaderless,Ramaphosa shareholder

Sverige Senaste nytt, Sverige Rubriker

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MTN finance chief on a mission to grow revenue from mobile moneyOperator would like this segment to contribute up to 20% of revenue, says Ralph Mupita
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MTN finance chief on a mission to grow revenue from mobile moneyOperator would like this segment to contribute up to 20% of revenue, says Ralph Mupita
Läs mer »