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.@mtnug has for the first time, since listing on @USEUganda, announced its annual financial performance for the year ended 31st December, 2021. The audited #MTNResults show a solid 9.4% growth in Service Revenue compared to the previous year despite the headwinds in 2021.
The shoot up was mainly driven by growth in subscriber numbers with the company registering 1.5 million new customers in 2021 representing a 10.7% Year-on-Year (YoY) growth & taking its total subscriber base to 15.7 million thus maintaining market share leadership.
#MTNResults
Among the 15.7 million subscribers, 5.3 million are active data users. The contribution of data to #MTNResults service revenue was 20.2% on the back of a 16% increment in active data subscribers and a 47.8% surge in total MBs used compared with 2020.
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