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MTN introduces a Payment Break

MTN has introduced a payment plan that allows postpaid customers to take a subscription fee payment holiday during the frugal months of January and February.

The offer, known as Payment Break, is available to customers who sign up on a 24-month contract. Customers who sign-up in January 2017 will only start making payments towards their contracts subscription from March and those who sign-up in February 2017, will start their subscription payment in April.

Says Larry Annetts, Chief Consumer Officer at MTN SA: "MTN is excited to launch Payment Break, which gives expression to our ongoing quest to provide customer-centric offers to our customers. As a caring organisation, MTN is cognisant of the financial crunch customers face particularly during this time of the year, hence this proposition which gives customers a breather and allows them to stay connected without having to worry about their monthly subscriptions."

Customers can enquire about this offer at any MTN retail store, and the normal credit vetting process will be used to determine eligibility.

"We hope that these two months of payment holiday will provide our customers with the ability to recover from the festive season of spending, uphold their credit record and avoid getting into debt. This is one of the ways that MTN is working to make its customers' lives a whole lot brighter," concludes Annetts.

MTN

MTN Group

Launched in 1994, the MTN Group is a multinational telecommunications group, operating in 21 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: "MTN".

As at the end of 30 June 2010, MTN recorded 129.2 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d'Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. The MTN Group is a global sponsor of the 2010 FIFA World Cup South Africa and has exclusive mobile content rights for Africa and the Middle East. Visit http://www.mtn.com and http://www.mtnfootball.com.