{"id":10498,"date":"2012-05-04T20:34:11","date_gmt":"2012-05-04T18:34:11","guid":{"rendered":"http:\/\/www.myza.co.za\/05\/update-1-s-africas-mtn-q1-subscribers-up-4-pct\/"},"modified":"2012-05-04T20:34:11","modified_gmt":"2012-05-04T18:34:11","slug":"update-1-s-africas-mtn-q1-subscribers-up-4-pct","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-s-africas-mtn-q1-subscribers-up-4-pct\/","title":{"rendered":"UPDATE 1-S.Africa&#8217;s MTN Q1 subscribers up 4 pct"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Q1 subscribers 170.6 mln vs 164.5<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Growth in Nigeria, South Africa, Iran<\/p>\n<p> (Adds details)<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, MAY 4<\/span> (Reuters) &#8211; MTN Group, Africa&#8217;s<br \/>\nlargest mobile operator, reported on Friday a 4 percent rise in<br \/>\nsubscribers for the first quarter, helped by increases in its<br \/>\nkey markets of South Africa, Nigeria and Iran.<\/p>\n<p><span><\/span><\/p>\n<p>MTN, which is currently the target of a lawsuit from rival<br \/>\nTurckcell, said in a statement its subscribers<br \/>\ntotalled 170.6 million at the end of March, from 164.5 million<br \/>\nat the end of December.<\/p>\n<p><span><\/span><\/p>\n<p>The number of subscribers rose by around 3 percent in South<br \/>\nAfrica and Nigeria, while its customers in Iran increased by<br \/>\nmore than 6 percent.<\/p>\n<p><span><\/span><\/p>\n<p>Iran has been a significant money-spinner for MTN, although<br \/>\nit has also brought serious controversy. Turkcell is suing MTN<br \/>\nfor at least $4.2 billion in a U.S. court, claiming MTN used<br \/>\ncorrupt practices and promises of weapons to win its licence in<br \/>\nIran.<\/p>\n<p><span><\/span><\/p>\n<p>Turkey&#8217;s largest mobile operator initially won the bid for<br \/>\nthe Iran licence in 2004. Tehran later backed out of the deal<br \/>\nand awarded the business to MTN in 2005.<\/p>\n<p><span><\/span><\/p>\n<p>MTN has said the case has no legal merit.<\/p>\n<p><span><\/span><\/p>\n<p>Shares of MTN were up 1.4 percent at 136.41 rand at 1146<br \/>\nGMT.\t<\/p>\n<p> (Reporting by David Dolan; Editing by Ed Cropley)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Q1 subscribers 170.6 mln vs 164.5 * Growth in Nigeria, South Africa, Iran (Adds details) JOHANNESBURG, MAY 4 (Reuters) &#8211; MTN Group, Africa&#8217;s largest mobile operator, reported on Friday a 4 percent rise in subscribers for the first quarter, helped by increases in its key markets of South Africa, Nigeria and Iran. MTN, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10498","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10498"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10498\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}