MTNN Proposes N203.55bn Final Dividend

The telecom company released its  audited results for the financial year ended December 2022 on the Nigerian Exchange Limited yesterday.

Mobile subscribers increased by 10.5 per cent to 75.6 million, active data users increased by 15.3 per cent to 39.5 million, while active fintech subscribers rose by 57.5 per cent to 14.9 million.

Service revenue increased by 21.5 per cent to N2.0 trillion. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 22.0 per cent to N1.1 trillion, while EBITDA margin increased by 0.2 percentage points to 53.2 per cent.