Investor Presentaiton
MTN Nigeria at a glance
A solid foundation and track record of market leadership and growth
Growing subscribers
ing
M Financial performance
58.2
Total (m)
14.6%¹
76.5
64.3
32.6
25.2
Data users (m)
18.7
O
2018
2019
2020
Technology investment
Capex intensity 17.7%
17.8%
17.8%
240
208
Capex³ (Nbn)
184
#Largest
market share²
and
leading NPS
ooo 00
Network sites
50.4%
market share
Population
coverage
84.1%
87.8%
Total # of
sites
13.8%1
1 346
Total
revenue
1 170
1 039
(Nbn)
☆
50.9%
EBITDA
margins
53.4%
43.4%
#1
88.9%
42 062
40 282
32 183
2018
2019
2020
2018
2019
2020
1 CAGR (2018-2020) 2Group bi-directional methodology for calculating market share as at Q1 2021; ³ROU excluded from capex
2
2018
2019
2020
Digital & fintech subscribers
ayoba
Enjoy free
chats all day
everyday
1.4m
ayoba users
MoMo Agent
Safe Fast
4.7m
MoMo subscribers
MTNView entire presentation