/ 23 April 2008

MTN first-quarter subscribers rise 11%

Cellphone operator MTN Group said on Wednesday subscribers rose 11% to 68,2-million in the first quarter from the fourth quarter, lifted by its Iran operation.

MTN Group, which anticipates adding 16-million subscribers by the end of 2008, said its Iran subscribers soared 50% to 9,02-million customers.

South African customers increased 3% to 15,2-million and Nigerian subscribers jumped 8% to 17,8-million. — Reuters