MTN Cover page

 

Annexure 1

Interest in subsidiary companies, associates and joint ventures
      Effective % interest
in issued ordinary
share capital
Book value of holding company
interest
      Shares Indebtedness
Subsidiaries and joint ventures in
which MTN Group Limited has a
direct and indirect interest
Principal
activity
Place of
incorporation
Dec
2006
%
Dec
2005
%
Dec
2006
Rm
Dec
2005
Rm
Dec
2006
Rm
Dec
2005
Rm
Mobile Telephone Networks Holdings
(Proprietary) Limited
Investment holding
company
South Africa 100 100 22 111 12 634 1 536 1 520
Mobile Telephone Networks
(Proprietary) Limited
Network operator South Africa 100 1010 -- -- -- --
MTN Service Provider (Proprietary) Limited Service provider South Africa 100 100 -- -- -- --
Guardrisk International Limited PCC Insurance company Mauritius 100 100 -- -- -- --
MTN International (Proprietary) Limited Investment holding
company
South Africa 100 100 -- -- -- --
MTN International (Mauritius) Limited Investment holding
company
Mauritius 100 100 -- -- -- --
Cameroon Mobile Telephone
Networks Limited
Network operator Cameroon 70 70 -- -- -- --
MTN Nigeria Communications Limited Network operator Nigeria 84,57 77,3 -- -- -- --
Mobile Telephone Networks Insurance
(Proprietary) Limited
Insurance company South Africa 100 100 -- -- -- --
M-Tel Insurance (Proprietary) Limited Insurance company South Africa 100 100 -- -- -- --
MTN Network Solutions
(Proprietary) Limited
Internet service
provider
South Africa 100 100 -- -- -- --
MTN Management Services
(Proprietary) Limited
Management
services
South Africa 100 100 46 -- -- --
MTN Rwandacell S.A.R.L Network operator Rwanda 40 40 -- -- -- --
MTN Uganda Limited Network operator Uganda 97,34 52 -- -- -- --
Cell Place (Proprietary) Limited Cellular dealership South Africa 51 51 -- -- -- --
Nigerian Electronic Funds
Transfer Operation
Virtual airtime Nigeria 50 88,65 -- -- -- --
MTN Côte d’Ivoire Network operator Ivory Coast 68,34 51 -- -- -- --
MTN Congo B Network operator Republic of
the Congo
100 100 -- -- -- --
Mascom Wireless Botswana Limited Network operator Botswana 51 44 -- -- -- --
Mobile Botswana Limited Investment holding
company
Mauritius 100 100 -- -- -- --
Econet Wireless Citizens Limited Investment holding
company
Botswana 75,2 60 -- -- -- --
Deci (Proprietary) Limited Investment holding
company
Botswana 33 33 -- -- -- --
MTN Zambia Network operator Zambia 100 100 -- -- -- --
MTN Publicom Limited Payphone services Uganda 100 31 -- -- -- --
Swazi MTN Limited Network operator Swaziland 30 30 -- -- -- --
MTN Mobile Money Holdings (Pty) Ltd Wireless banking
services
South Africa 50 50 -- -- -- --
Irancell Network operator Iran 49 49 -- -- -- --
Investcom LLC   Lebanon 100 -- -- -- -- --
VGC Communications Ltd Fixed line and data
services
Nigeria 100 -- -- -- -- --
Easy Dial International Ltd Holding company British Virgin
Islands
99 -- -- -- -- --
Investcom Mobile Communication Ltd Holding company British Virgin
Islands
100 -- -- -- -- --
Investcom Consortium Holding SA Holding company British Virgin
Islands
99 -- -- -- -- --
Satcorp Communications Holding company British Virgin
Islands
100 -- -- -- -- --
Investcom Mobile Benin Holding company British Virgin
Islands
99   -- -- --  
Investcom Telecommunications
Guinea Ltd
Holding company British Virgin
Islands
99   -- -- --  
Investcom Telecommunications
Afghanistan Ltd
Holding company British Virgin
Islands
100   -- -- --  
SAM Mediterranean Network Telecommunications Monaco 99,84   -- -- --  
Mediterranean Network
Multimedia SAM
Telecommunications Monaco 99,99   -- -- --  
Spacetel UK Ltd Telecommunications UK 100   -- -- --  
Investcom Telecommunication
Yemen
Telecommunications British Virgin
Islands
100   -- -- --  
Prime Call Ltd Telecommunications British Virgin
Islands
100   -- -- --  
Areeba Ltd Telecommunications Cyprus 100   -- -- --  
Spacetel Africa Ltd Telecommunications British Virgin
Islands
100   -- -- --  
Scancom Ltd Telecommunications Ghana 97,65   -- -- --  
Spacetel Syria Telecommunications Syria 75   -- -- --  
Spacetel Benin SA Telecommunications Benin 75   -- -- --  
Lonestar Communications Corp LLC Telecommunications Liberia 60   -- -- --  
Bashair Telecom company Ltd Telecommunications Sudan 85   -- -- --  
Spacetel Guinea Bissau Telecommunications Guinea Bissau 100   -- -- --  
Areeba Guinea Telecommunications Guinea 75   -- -- --  
Spacetel Yemen Telecommunications Yemen 83   -- -- --  
Areeba Afghanistan Telecommunications Afghanistan 100   -- -- --  
Investcom Global Ltd Managing and
holding company
British Virgin
Islands
99   -- -- --  
Interserve Overseas Ltd International
business
British Virgin
Islands
99   -- -- --  
Uniglobe SA Management
company
France 99,8   -- -- --  
Servico SAL Services and
transportation
of goods
Lebanon 99,97   -- -- --  
Inteltec Offshore SAL Maintenance and
engineering services
Lebanon 99,8   -- -- --  
Inteltec Maroc SA Maintenance and
engineering services
Monaco 99,83   -- -- --  
Inteltec SAL Maintenance
and engineering
services
Lebanon 99,99   -- -- --  
Investcom Services SAL Managing and
holding company
Lebanon 97   -- -- --  
Investcom International Ltd Dormant company British Virgin
Islands
99   -- -- --  
Spacetel International Ltd Dormant company UK 100   -- -- --  
Vernis Associates SA Holding company Panama 100   -- -- --  
Galactic Engineering Projects SA Holding company Panama 78   -- -- --  
Starcom Global Ltd Holding company British Virgin
Islands
89   -- -- --