MTN Nigeria Communications Plc
NNSENG:MTNN825.00
NGN
0.00
(0.00%)
ISIN
NGMTNN000002
Return %
Stock
S&P 500
1Y
65.00
14.20
3Y
230.66
81.12
5Y
374.14
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Karl Olutokun Toriola
- Full Time Employees
- 2,001
- Sector
- Communications
- Industry
- Wireless telecommunications
- Address
- Lagos Nigeria
- IPO Date
- May 16, 2019
- Website
- mtn.ng
- Similar Companies
- Business
- MTN Nigeria Communications Plc is a Nigeria-based telecommunications and digital services provider operating as a subsidiary of South Africa-based MTN Group Limited. Founded in 2000 and headquartered in Lagos, Nigeria, the company provides mobile telecommunications, broadband connectivity, digital media, financial technology, and enterprise ICT solutions to individual consumers, small and medium enterprises, multinational corporations, and public sector organizations across all 36 states and the Federal Capital Territory of Nigeria. The company operates through key business segments comprising Mobile Voice, Data, Fintech, Digital, and Enterprise Solutions. Its primary products and services include mobile cellular voice services, encompassing prepaid and postpaid calling plans, international roaming, and voicemail; broadband data and internet services, consisting of 2G, 3G, 4G LTE, and 5G mobile data packages, fiber-to-the-home and fiber-to-the-building fixed broadband, 5G fixed wireless broadband routers, and public Wi-Fi infrastructure; mobile financial and fintech services operated through its Payment Service Bank subsidiary, MoMo PSB, featuring mobile wallets, peer-to-peer money transfers, merchant payment processing, bill payments, cash-in and cash-out agency banking, and international remittances; digital entertainment and value-added services, including the Ayoba instant messaging and content super-app, music streaming via MusicTime, mobile video content, cloud gaming, and rich media subscriptions; enterprise communications and technology services provided under the MTN Business banner, comprising dedicated internet access, software-defined wide area networking, cloud hosting and colocation data center services, internet of things connectivity, unified communications, cybersecurity solutions, and bulk messaging; and wholesale carrier services, including national roaming partnerships and leased transmission infrastructure. In recent strategic developments, the company has accelerated the nationwide expansion of its commercial 5G network infrastructure across key urban centers, broadened MoMo PSB's cross-border remittance corridors and consumer digital payment capabilities, renegotiated key tower lease agreements with infrastructure partners to optimize operating expenditures, and expanded its portfolio of digital business solutions and cloud partnerships to accelerate enterprise digital transformation across Nigeria.