Telcommunications company is the largest distributor of music in Nigeria

15:50 - 22 October 2015

A customer leaves an MTN shop in Johannesburg April 10, 2012. REUTERS/Siphiwe Sibeko

MTN’s ringtone download service is being used by more than two-thirds of the company’s 63 million subscribers, with the company recording 25% growth year on year

Reports have revealed that the MTN Group, which is the world’s 15th largest telecommunications company in the world based on subscribers, is the largest distributor of music in Nigeria.

According to MTN Nigeria’s general manager for consumer marketing, Richard Iweanoge, the company became the largest distributor of music in Nigeria through caller tunes which was launched in 2008.

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Bloomberg reports that MTN’s ringtone download service is being used by more than two-thirds of the company’s 63 million subscribers, with the company recording 25% growth year on year, according to Iweanoge.