Public company | |
Traded as | JSE: MTN |
Industry | Telecommunications |
Founded | 1994 |
Headquarters | Johannesburg, South Africa |
Key people
|
Phuthuma Nhleko (Executive chairman), Rob Shuter (Chief Executive Officer) |
Products |
GSM-related products Internet services |
Revenue | US$ 15.432 billion (2015) |
US$5.22 billion (2015) | |
US$3.345 billion (2015) | |
Total assets | US$13.762 billion (2015), |
Total equity | US$12.433 billion (2015) |
Number of employees
|
17,509 (2010) |
Website | mtn.com |
MTN Group, formerly M-Cell, is a South Africa-based multinational mobile telecommunications company, operating in many African, European and Asian countries. Its head office is in Johannesburg. As of 30 June 2016, MTN recorded 232,6 million subscribers across its operations. Although MTN operates in over 20 countries, One-third of its revenues come from Nigeria, where it holds about 35% market share.
The company sponsored the CAF Champions League football competition as well as APOEL FC, winners of the Cypriot First Division in 2009, 2011, 2013, 2014 and participants in the 2009–10 and 2011–12 UEFA Champions League.
On 18 March 2010, it was announced that MTN signed a sponsorship deal with English football club Manchester United F.C. In March 2016, MTN Group, LTD appointed Rob Shuter as Chief Executive Officer.
MTN acquired Investcom, mainly under the Areeba and Spacetel brands.
As of Q2 2016, MTN is active in:
MTN's competitors in South Africa includes Vodacom, Cell C, Virgin Mobile, and Telkom Mobile.