MTN Group Limited
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Ralph Tendai Mupita
- Full Time Employees
- 21,975
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- Innovation Centre, 216 14th Avenue Johannesburg GT South Africa 2195
- IPO Date
- Jan 20, 2010
- CIK
- 0001163420
- Website
- mtn.com
- Similar Companies
- Business
- MTN Group Limited MTN Group Limited (MTNOY) provides mobile telecommunications and digital services across Africa and the Middle East. The South African company, founded in 1994 and headquartered in Johannesburg, operates as Africa's largest mobile network operator, serving over 300 million customers in 16 countries including South Africa, Nigeria, Ghana, Uganda, and others; it offers mobile voice and data services, broadband and internet access, enterprise solutions such as cloud, IoT, and unified communications, wholesale connectivity, and fintech platforms including MoMo mobile money for payments, remittances, lending via BankTech, and insurtech through aYo. Its growth platforms encompass Bayobab for digital infrastructure like fixed connectivity and subsea cables, Chenosis as an API marketplace, and digital services in gaming, video, and advertising. Geographically, MTN focuses on emerging markets, targeting consumers, businesses, and governments with connectivity, financial inclusion, and infrastructure to support digital transformation. Recent developments include signing definitive agreements with Mastercard in early 2025 for a minority investment in its Group Fintech structure following 2023 commercial pacts to accelerate advanced services; announcing major strategic and leadership changes on November 24, 2025, to sharpen focus on Connectivity, Fintech, and Digital Infrastructure pillars under Ambition 2025, with enhancements in home broadband, AI integration, and satellite partnerships; completing sales of MTN Afghanistan, Guinea-Bissau, and Guinea-Conakry in 2024 to optimize its portfolio; renegotiating tower leases with IHS in Nigeria for R1.3 billion in savings; and expanding infrastructure investments, such as a new data centre and fibre rollout in Nigeria, alongside partnerships like Microsoft Azure for real-time intelligence and META on the 2Africa subsea cable milestone.
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