Article Summary
MTN, a leading telecom company in Nigeria, has historically made most of its revenue from voice calls. However, with the slowdown in voice revenue, MTN has shifted its focus to data and digital services. The company has made significant investments in fintech, launching MoMo and BankTech, a B2B platform that provides APIs to fintechs and digital platforms for loans, savings, and insurance. In Q1 2025, MTN disbursed $592 million in loans through BankTech. Despite its diversification, MTN continues to invest in its core network services in Nigeria.
What This Means for You
- Expect to see MTN continue to expand its digital services and fintech offerings.
- Take advantage of MTN’s APIs and platforms to access a wider range of financial services.
- Stay informed about MTN’s network investments and ensure your telecom services are up-to-date.
- Watch for increased competition in Nigeria’s telecom and fintech sectors as MTN and other players continue to innovate.
Original Post
…
Key Terms
- MTN
- Telecom
- Digital services
- Fintech
- Data revenue
- Voice revenue
- BankTech
ORIGINAL SOURCE:
Source link
