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MTN (South Africa)

MTN Group
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 IncreaseUS$ 15.432 billion (2015)
Increase US$5.22 billion (2015)
Increase US$3.345 billion (2015)
Total assets Decrease US$13.762 billion (2015),
Total equity Increase 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.

In 2017, MTN headquarter in Abuja was attacked by Nigerian protestors.

MTN acquired Investcom, mainly under the Areeba and Spacetel brands.


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