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MTN’s net profits surge on data growth

The listed telecom firm on the Uganda Securities Exchange saw its revenues expand by 16.5% to sh627b, supported by the double-digit performance from fintech and data segments.

MTN CEO Sylvia Mulinge
By: NewVision Reporter, Journalist @NewVision

MTN’s net profits for quarter one (January, February and March) 2023 jumped by 20% to sh120b driven by continued momentum in the data and fintech segments.

The listed telecom firm on

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