{
  "id": 19181963,
  "title": "Telecom giant MTN sees an increase in their third quarter results",
  "url": "https://urgent.news/2026/11/09/telecom-giant-mtn-sees-an-increase-in-their-third-quarter-results",
  "topic": "world",
  "section": "World",
  "published": "2026-11-09T17:22:51.000Z",
  "source": {
    "name": "SABC News",
    "slug": "sabc-news",
    "url": "https://www.sabcnews.com/sabcnews/telecom-giant-mtn-sees-an-increase-in-their-third-quarter-results/"
  },
  "original_language": "en",
  "account": "Telecommunications giant MTN reported stronger service revenue and cash generation in the third quarter ended 30 September 2026. The company's service revenue remained flat in South Africa, growing by only 1% due to pressure on the prepaid customer voice market and lower mobile termination rates. MTN's overall performance in the nine months to 30 September 2026 showed a 17.2% increase in group service revenue to R176.2 billion, with strong acceleration in service revenue and earnings growth since May. The number of customers increased by 7% to almost 323 million, with mobile money users reaching nearly 70 million. MTN's strong results were welcomed by market analysts, with the share price rising by over 2%.",
  "summary": "In South Africa, the telecommunications company service revenue remained flat at 1% growth.",
  "key_points": [
    "MTN's service revenue remained flat in South Africa",
    "Group service revenue increased 17.2% to R176.2 billion",
    "Customer base grew 7% to 323 million, mobile money users reached 70 million"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}