MTN Group

"Mobile Telephone Networks" redirects here. For cellular radio networks, see cellular network.

MTN Group Limited
FormerlyM-Cell
Company typePublic
JSE: MTN
IndustryTelecommunications
Founded1994; 30 years ago (1994)
Headquarters
Johannesburg
,
South Africa
Area served
Africa
Key people
ProductsGSM-related products
Internet services
Revenue
  • IncreaseR179.361 billion (US$12.14 billion, 2020)
  • R151.460 billion (US$10.25 billion, 2019)[1]
Increase US$5.22 billion (2015)
Increase US$3.345 billion (2015)
Total assetsDecrease US$13.762 billion (2015)
Total equityIncrease US$12.433 billion (2015)
Number of employees
19,288 (2020)
Subsidiariesvisafone
SuperSonic
Websitewww.mtn.com
MTN mobile shop in South Africa

MTN Group Limited (formerly M-Cell)[2] is a South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg.[3][4] As of December 2022 MTN recorded 289.1 million subscribers.[5] MTN is among the largest mobile network operators in the world, and the largest in Africa.

MTN is active in over 20 countries, one-third of the company's revenue comes from Nigeria, where it holds about 35 percent market share.[6]

MTN Group is the primary sponsor of the South Africa national rugby union team and sponsors English football club Manchester United and Zambian Super League. The Nigerian subsidiary of the group also has an existing sponsorship deal with the Nigerian Football Federation.[1]

  1. ^ a b "MTN Group Limited Annual financial results for the year ended 31 December 2020 - Summary group income statement". www.mtn-investor.com. Retrieved 15 September 2021.
  2. ^ "M-Cell is Now MTN Group Limited." PR Newswire: 1. 11 October 2002. ProQuest. Web. 11 November 2013
  3. ^ "Head Office South Africa". Retrieved 15 August 2011.
  4. ^ "MTN loses nearly 2 million subscribers in six months". www.iol.co.za. Retrieved 26 February 2020.
  5. ^ MTN Group Limited. "What are we doing today?Annual financialresultsfor the year ended 31 December 2022" (PDF). mtn.com. p. 1.
  6. ^ "MTN settles Nigeria fine & looks at listing on the Nigerian Stock Exchange". African Business Central. 11 June 2016. Archived from the original on 30 October 2020. Retrieved 31 December 2016.