MTN Cover page

 

 

 
Chairman's report
 
Cyril Ramaphosa  

MTN is successfully delivering on its vision to be the leading provider of telecommunication services in emerging markets with operations now in 21 countries

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Group president and CEO’s report
 
Phuthuma Nhleko   MTN acquired Investcom LLC for US$5 billion. Investcom contributed over 8 million of the Group’s 40 million subscribers.

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Group finance director’s report
 
  Revenue increased by 49% from the previous year and the EBITDA margin increased to 43,4%. Exceptional PAT of R12 billion was recorded

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Chief operating officer’s report
 
Sifiso Dabengwa   The Group is now managed in three distinct regions, to promote resource sharing and realisation of synergies

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Financial Highlights

Increase
  EBITDA margin
43,4%
up from *42% driven by operating improvements
     
Increase
  Profit after tax
R12 billion
up from R7 billion
     
Increase
  Dividend
90 cents per share
up from 65 cents per share
     
    Acquisition of Investcom LLC
Concluded – effective July 2006

* Compared to previous unaudited 12-month period due to change to year-end. Previous nine months is audited.