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Press Box

March 2013: MTN Uganda provides Airtime loans through MTN Xtra Time

Release date:3/21/2013
Effective today, MTN prepaid customers can keep talking with MTN Xtra Time. Customers can now get an Airtime loan and pay later, so even if they have run out of airtime, they can still stay in touch.

“At MTN we would like to make communication as convenient as possible and by allowing our customers to continue talking with MTN Xtra Time, this service provides both convenience as well as support during emergency situations.” said Ernst Fonternel, MTN Chief Marketing Officer.

Customers can dial *146# to access MTN Xtra Time loans as well as to check their Airtime loan balance. In order to apply for MTN Xtra Time, a customer must have less than 240/- in their account. To access up to 1,000/- in Airtime, customers must have recharged a minimum of 10,000/- per month for the last 6 months or minimum of 15,000/- per month for the last 12 months to access 1,500/- in Airtime. The MTN Xtra Time loan attracts a 10% fee which is deducted from the Airtime loan. MTN Xtra Time loans are automatically paid back on subsequent recharges and current Airtime loans must be paid back in full before applying for subsequent Airtime loans. MTN Xtra Time loans represent normal Airtime and can be used for all MTN services although it is not transferable via Me2U.

“At MTN we would like to make communication as convenient as possible and by allowing our customers to continue talking with MTN Xtra Time, this service provides both convenience as well as support during emergency situations.” said Ernst Fonternel, MTN Chief Marketing Officer.

“So remember to dial *146# the next time you run out of airtime and continue talking with MTN Xtra Time.” Fonternel concluded.

About MTN Uganda

Launched in 1998, MTN Uganda is the leading telecommunications firm in country with more than 7.7 million customers as of 31 December 2012.
Visit us at www.mtn.co.ug; www.youtube.com/mtnug; www.facebook.com/mtnug and www.twitter.com/mtnugandacare.

About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 31 December 2012, MTN recorded almost 190 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, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit us at www.mtn.com and www.mtnfootball.com