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2024

News24 | MTN Uganda grows revenue a fifth amid macro boost

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MTN Uganda, the JSE-listed mobile operator's fourth-biggest market by revenue, reported on Monday its service revenue picked up a fifth in its half-year to end June and data subscribers more than a quarter. Along with its own investment in its network and efforts in terms of product offerings, the business was helped by a positive macroeconomic backddrop as the East African country booked GDP growth of 6%.