MTN Nigeria Communications (NSA:MTNN) Construction In Progress : ₦199,603 Mil (As of Dec. 2024)

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What is MTN Nigeria Communications Construction In Progress?

MTN Nigeria Communications's quarterly construction in progress increased from Jun. 2024 (₦148,746 Mil) to Sep. 2024 (₦155,539 Mil) and increased from Sep. 2024 (₦155,539 Mil) to Dec. 2024 (₦199,603 Mil).

MTN Nigeria Communications's annual construction in progress increased from Dec. 2022 (₦138,678 Mil) to Dec. 2023 (₦193,923 Mil) and increased from Dec. 2023 (₦193,923 Mil) to Dec. 2024 (₦199,603 Mil).

MTN Nigeria Communications Construction In Progress Historical Data

The historical data trend for MTN Nigeria Communications's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MTN Nigeria Communications Construction In Progress Chart

MTN Nigeria Communications Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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52,358.00

138,678.00

193,923.00

199,603.00

MTN Nigeria Communications Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															193,923.00	147,863.00	148,746.00	155,539.00	199,603.00

MTN Nigeria Communications Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

MTN Nigeria Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Nigeria Communications PLC (NSA:MTNN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA

Website

https://www.mtnonline.com

MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, high-quality telecommunications services, and mobile financial services in Nigeria. The group operates in three reportable segments, namely, Consumer Business Unit (CBU) which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value and Mass segments, Enterprise Business Unit (EBU) consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU) serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.

MTN Nigeria Communications Headlines

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