South Africa-based MTN Group has unveiled its financial results for the twelve months ended 31 December 2011, reporting that consolidated group revenues increased by 6% year-on-year to ZAR121.88 billion (USD16.0 billion). Earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 9% y-o-y to ZAR53.57 billion and operational profit increased 8% to ZAR38.08 billion.
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OVETEL MTN FY11 revenues increase 6% to ZAR121.9bn; consolidated subscriber base reaches 164.5m
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