MTN made GH¢7.5m daily in 2016

MTN made GH¢7.5m daily in 2016

Many Ghanaians continue to criticise MTN Ghana for what they say is the crappy service offered by the telecommunications firm.

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MTN made GH¢7.5m daily in 2016

Ebenezer Asante,MTN CEO

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Social media is often the platform on which many of these criticisms are made.

The criticisms, however, has not stopped MTN from making money.

In 2016, the company made GH¢7.5m daily in revenue, according to a report by the Finder newspaper.

MTN’s total revenue rose to GH¢2.77 billion by December 2016 - an increase of 19.8% over the GH¢2.31 billion recorded in 2015.

The GH¢2.77billion revenue divided by 365 days in the year translates into GH¢7.5m (GH¢7,589,041) a day.

According to the report, MTN's performance was strongly supported by its data services, which contributed 42% of total revenue.

The information was revealed by MTN's CEO, Ebenezer Asante, at the 2017 Stakeholder and Media Forum held at the company’s head office in Accra.

He said the company would invest $143 million in 2017 to expand and improve it network as part of efforts to improve quality of service for subscribers.

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