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ProfileIncorporated in 1994, MTN Group Limited is a multi-national telecommunications group offering voice and data communications products and services to individuals and businesses. MTN has GSM licences in 21 countries and internet service provider businesses in 13 countries, spanning three continents. At the end of December 2010, it had 141,6 million total subscribers. In 2010, its revenues reached R114,7 billion and it invested R19,5 billion in developing its network infrastructure, bringing to more than 36 750 the total number of MTN BTS. MTN also made investments in fibre optic cables as well as growing access to broadband capacity on undersea cables. MTN predominantly uses independently owned outlets to distribute its products and services, but also has own branded stores. MTN’s vision is to be the leading telecommunications provider in emerging markets. It has 34 558 employees who communicate in five official languages and MTN Group Limited’s head office is in Johannesburg, South Africa, where the Group is listed on the JSE Limited under the share code “MTN”. MTN is the largest primary listing on the exchange. MTN also has a level 1 American Depository Receipt Programme. The Group operates in three regions: South and East Africa (SEA), West and Central Africa (WECA), and the Middle East and North Africa (MENA).
The core of MTN offerings include:
In certain markets MTN also serves corporate customers providing solutions designed to manage costs, improve efficiencies and deliver consistent quality. Among these are: data solutions, satellite connectivity, infrastructure solutions (data centres and hosting solutions), customer and productivity solutions, converged services and other support and sector-specific services. MTN’s business model is evolving. Although there is still considerable untapped demand for voice services in many markets, MTN is also investing in and expanding its infrastructure to enable more use of data services. As smartphones become more accessible to more people, demand for internet services grows and so MTN’s opportunity expands.
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