The Chief Executive Officer (CEO),
He said service revenue grew by 22.8 per cent to GH?5.1 billion driven by voice, data and mobile money business.
The CEO said voice revenue increased by 19.4 per cent to GH?2.3 billion, while data revenue shot up 32.5 per cent to GH?1.5 billion and mobile money revenue went up 28 percent to GH?1 billion.
The earnings per share, he said increased by 22.4 per cent to 8.2 pesewas and MTN declared a dividend of GH0.6 pesewas per share, adding that the objective of the
"
On the fiscal development of the company,
He said
"MTN is only telecommunication company which last year paid stabilisation levy of GH?70 million to government,"
In addition, Mr Selorm said
Highlighting on the operation performance of the company, he said the total subscriber base of the company as at last year stood at 22.6 million and data subscribers stood at 8.1 million and total mobile money subscriber was 9.1 million.
He said the company had renewed its 2G license for another fifteen years, stressing in view of the low smartphone penetration, there would be the need for 2G services especially for people living in rural areas.
Currently, he said,
Going forward, he said the company was going to invest in digital services, saying the intention was to make the company a digital service company.
"Our key priorities for 2020 is to invest massively in voice, data, mobile money, digital, wholesale and enterprise businesses by initiating new products and services and improving on service offering," he said.
The Managing Director of the GSE, Mr Ekow Afedzie in his remarks lauded the company for coming to the bourse to explain its performance to its shareholders and the general public.
He said the company's total market capitalisation is GH?8.6 billion constituting 39 percent of the total market capitalisation of the GSE.
Mr Afedzie so far this year has traded 78 million on the
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