Wednesday, March 19, 2008

MTN boosts profit on 53% subscriber jump

MTN boosted last year’s adjusted headline earnings per share to 682 cents from 585 cents thanks to a 53% jump in subscribers to 61,4 million.
The company said in a statement today earnings before interest, tax, depreciation and amortisation (EBITDA) rose 42% to R31,8bn and sales rose 42% to R73,1bn.
http://www.businessday.co.za/articles/topstories.aspx?ID=BD4A730243

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