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MTN Nigeria is making more money but earning less from each customer
Summary by The Lagos Editorial Desk · Byline on the source page: Temitayo Jaiyeola , as published by TechCabal
· September 2, 2026
· 1 min read
Photo: TechCabal · view original
Story provenance No corrections
Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Temitayo Jaiyeola, as published by TechCabal Original story Read at the source Source published Sep 2, 2026 Indexed here Sep 2, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The company's subscriber base also expanded, growing by 8. A telecom operator's financial results show a significant increase in service revenue, up by nearly 26% to ₦2.
A telecom operator's financial results show a significant increase in service revenue, up by nearly 26% to ₦2.99 trillion. The company's subscriber base also expanded, growing by 8.9% to 92.2 million.
Despite this growth, the average amount earned from each customer decreased. This decline occurred in the second quarter, with a drop in revenue per user. Further details on the company's financial performance are available.
The decline in revenue per user is notable, and the company's results provide more information on this trend and its possible causes.
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TechCabal reported and published this story. The Lagos selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by TechCabal . The Lagos selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: News ·
Published: September 2, 2026 ·
Source: TechCabal ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A telecom operator's financial results show a significant increase in service revenue, up by nearly 26% to ₦2.99 trillion. The company's subscriber base also expanded, growing by 8.9% to 92.2…
When was this published? This article was first published on September 2, 2026 by TechCabal and curated for The Lagos readers.
Who reported this story? This story was reported by Temitayo Jaiyeola at TechCabal. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The Lagos, or browse our daily briefing and topic hubs .
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