MTN Cyprus : Poised to become Number 1


EuroComms: Looking back to 2016, how would you describe MTN Cyprus achievements during a rather challenging year for most operators in Europe?

Philip Van Dalsen: Despite the fact that many European telecom operators experience fl at or declining revenues, MTN Cyprus seems to belong to a small group of operators who continue to grow signifi cantly for the last consecutive years. 2016 turned out to be one of the most successful years in our history, both in net revenues and EBITDA. Notwithstanding the increased competition, our base grew by a healthy 10%, continuing the trend of the last couple of years, and indicating that we are doing something right. We continue to enjoy the trust of the most dynamic age group (14-45), in which we have the biggest share in Cyprus. Last December, we saw a remarkable increase in the number of people who decided to port their number to MTN Cyprus. The addition of MTN TV made us a full Quad player, while our investment in the B2B market and the acquisition of an ICT fi rm aim to drive our revenues from ICT services higher

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