Revenue of MTN Group 2019-2022, by segment
The MTN Group, a South African-based multinational telecommunications company, generates most of its revenue from mobile products and services. In 2022, their outgoing voice revenue amounted to about 4.27 billion U.S. dollars, slightly less compared to the previous year. In contrast, revenue from data usage reached some 4.26 billion U.S. dollars that year, marking a significant increase of over 700 million U.S. dollars in revenue for the data segment. The data segment has been on a growth trajectory since 2019 and could overtake the voice segment next year as MTN Group's most revenue-generating segment.