MTN grows Q1 profit to N74bn despite losing 5m subscribers

MTN grows Q1 profit to N74bn despite losing 5m subscribers

MTN grows Q1 profit to N74bn despite losing 5m subscribers     Telecommunications giant, MTN Nigeria Communications Plc has reported an improved profit after tax (PAT) of N73.75 billion for the first quarter of 2021, up 42.35 per cent from N51.74 billion in the same quarter of last year. The telecommunications company said its profit before tax rose to N102.99 billion in Q1 2021 from N76.91 billion in the same period last year. The positive numbers were posted despite a decline in the number of subscribers on its network which…

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