MTN Nigeria reported revenue results for the first four months of 2013. For the period, the company recorded strong growth in reported revenue for the first four months of 2013 compared with same period in 2012. This performance was supported by strong growth in subscriber numbers and usage. Rand reported revenues, up 15% year on year, were driven by a weaker rand against the US dollar while local currency revenues were down marginally year on year.

The company provided earnings guidance for the full year 2013. For the year, the company remain comfortable with its guidance on MTN Nigeria's revenue and EBITDA margin for the full year.